The 1% Rule and Phoenix, AZ

[Daniel Pitner]

Hi Guys, 

My wife and I are actively submitting deals on SFR properties that we plan to live in and then, a few years down the road, rent out. The issue we are running into is that we are having a difficult time finding properties that come anywhere close to the 1% rule. My question for other Phoenix investors is how closely do you stick to the 1% rule? Do you find the market to be in a place right now where it is not possible to get these numbers?