Does single family work in the Phoenix area?

[Alan Robert Litz]

Hey everyone! I am new to the valley and am trying to get a grasp on the market. I'm curious if new investors like myself are able to make single-family work as rentals. With the average home cost being 250,000plus with rents that don't seem to even cover the loan payment how are investors here making it work and what areas are you able to accomplish this in? Looking to make connections in this area. I love to talk about real estate, and creative finance. Thank you in advance!