Househacking Short-Term Rental Quadplex in Phoenix, AZ

[Jeremy Fenceroy]

I am now under contract for this completely renovated 4-plex near downtown Phoenix! 

By occupying one unit I'm able to get 0% down, 30-year fixed, VA financing while renting out the other units as short-term rentals to generate cash flow that will cover my own housing expenses. Upon meeting my primary-residence requirement to secure the favorable financing, my goal is to use this property as a launching pad (no pun intended) for starting a location independent lifestyle, while having a home base to return to whenever I want to take a break from traveling and living abroad.

Expecting to close in early March. Any suggestions are appreciated as I've only been in Phoenix for a few months.

[Bob Okenwa]

@Jeremy Fenceroy

That's a great-looking renovation. I used to work not too far from this property some years back and the area was little rough back then so keep an eye on that. Make sure you sell your proximity and drive time to attractions. (downtown Phoenix, 5 minutes from Tempe, Chase Field, Phoenix Suns arena, Biltmore, Camelback East, Arcadia, restaurants) and accessibility to get around town (freeway access) and the airport is just a few minutes down the street as well.

Welcome to Phoenix and best of luck!