-------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I have all the income and expenses.

Financial freedom isn't simply about replacing your current income, because inflation continuously drives up prices, making a fixed income insufficient to maintain your standard of living.

With that being said we tend to see a lot of CA buyers relocate here for the lower cost of living including lower home values, property taxes, insurance, no state income tax, gas prices etc.

That kind of hands-on care is more vital than ever.If stabilizing income is a goal amid this uncertainty, we’ve had success with a hybrid co-hosting model: we shift Airbnb listings to trusted corporate housing partners for mid-term stays (e.g., $7,300/month vs. $2,300 long-term rent), then revert back.

If you are looking at this property from a residential and rental perspective, then it may work as long as you are willing to put your own income into the property. 

Cosmo - I personally don't know Phoenix well, but if I had to do this in another city I would look at income levels, crime levels, and population growth (if you can) by zip code and/or area within a DMA as a starting point.

If you have high W2 income, the amount your STR makes (or loses) will be peanuts compared to the tax savings.

Leftover funds not reinvested are taxable as "boot."

Basically wholesaling would've been the best but there is alot of negative comments about wholesaling this days.So what is the best way to make small income with $0 from realestate and also grow along the way?