The complex is currently bringing in a gross 10k monthly in rental income and is priced at 975k.

Now if the building has amenities such as a pool, sauna and workout room then you are actually in a condominium complex and a different animal entirely.I’ve had a few deals go south because of a greedy seller and the lure of the condo-cashout, attempting to sell out for more money than the property is worth.

**Experience:** Ensure the company has experience with wholesale deals, as these can be more complex than standard transactions.

It's helped to stay organized but a bit of a learning curve to take full advantage of all the features.  

I highly recommend using the search feature to scan this forum for past posts on arbitrage. 

Consider leveraging online platforms and social media to reach a broader audience, showcasing the property's best features and location advantages.

Many investors eventually shift into more passive approaches like turnkey rentals in landlord-friendly markets, especially in the Midwest and Southeast, to build long-term wealth without the operational complexity of STRs or major rehabs.Glad to have you here and looking forward to hearing more about your journey and sharing market insights. 

Our laws in Phoenix say a fence must be 5 ft high, made so there are no footholds so it can't be climbed up, and gates must be self-closing and have a self-latching feature at least 4.5 feet off the ground so small kids can't open it. 

Both BRRRR and fix-and-rent strategies can work, but BRRRR is more complex under 1031 rules due to the 45-day identification and 180-day closing deadlines, and you cannot refinance during the exchange without triggering boot, which is taxable.A common strategy is to use 1031 funds to buy undervalued rentals, complete renovations after the exchange, then refinance later to pull out capital tax-free.

Also, Co-hosting doesn't have as many pain points, seeing that Airbnb manages most of these features for the co-host, or at least they used to.