Happy to talk about the market here in Phoenix (we don't serve Tucson at this point) and the positives and negatives between an Air BnB and long term rental.

We have the worlds biggest data center being built here, amazon just moved in, the air force base just recieved a contract bringing in 50-80000 airmen etc. properties on the same street are selling for 80$ a sqft and 170$ a sq ft. it's a good time to be buying with the massive growth this area will be seeing over the next 5 years. potentially doubling our population.Thats why i am looking for help finding the best strategy during this time. 

@Kalen Jordan Bumping Kalen's post.

I've had an interest in the air bnb space for awhile and thought this would be a good way to learn the STR market without a large upfront investment.Can't say whether or not it's worth it yet, however, after furnishing, administrative fees, landscaping, etc. you're fronting an amount of cash that would be comparable to a 3-5% down payment on an actual house.It's always better to own property than rent, considering the equity buildup, appreciation, and tax deductions but if you want to test out the arbitrage method here's what we did:• Gathered a list of markets where STR demand is high• Narrowed down the list to cities with no STR restrictions• Contacted landlords and made sure they were ok with subleasing• Gathered comps, air dna data, and local tax rates to find our average daily rate and the minimum number of days we'd need to be booked to break even• Decided on a house and got to work with furnishingBe diligent with your research on the market and regulatory environment.

No business can humanly exist selling say a loaf of bread on Monday at one value, and come Friday when they go to reorder items to produce more bread, 10% of the sale $ they took in has evaporated into thin air. 

Property Condition: A clean, freshly painted, well-maintained home = faster lease-up.Bonus points for in-unit laundry, central air, parking, or pet-friendly policies.I hope this helps!

.: Are you just replacing the condenser, or are you replacing the whole thing (ducting and forced air unit/heater).

Quote from @Jordan Fiore: Hey All,This is just a reminder post on the FHA rule on 3-4 unit buildings.

Both units have air conditioning, and both have a private storage space in the basement.

I operate there due to the Air Force Base, so I do a lot of insurance, government, and construction housing.