I picked the Waterfront area because of the development in this area (Phase 2 of the Wharf).

I picked the Waterfront area because of the development in this area (Phase 2 of the Wharf).

Spend time developing policies and procedures for everything.

By just trying to do something, anything, in any strategy or asset class, you will immediately start learning and making connections which will lead you to where you are "meant to be."

You'll develop first hand knowledge of the business and put yourself in a better position to know the value you want from the PM that manages your hard earned asset. 

Development / new construction may potentially not be considered a capital asset depending on other facts and circumstances.

They have a development community that offers the same home type which fits into our desired commute. 

My thinking is it could be rented while the rest is developed, which when combined with trailer and garage rent would more than cover the payments.

I’ve owned a brokerage, did land development and run a turnkey operation before getting into wholesaling.

I think there's some very good long term opportunity as things continue to develop in the Phoenix market.