Quote from @Dan Hertler: I currently manage some of my out of state rentals, but would like to create my own property management business locally in New York (Long Island). 

@Jon Luft if you're looking in FL around the Tampa Bay area, reach out to @Josh Green!

And then there's any cash-out component. 

If you sold this property would you buy something in Arizona or would you continue to look for properties out of state? 

When you're deployed you keep the property as an investment and put a renter in it and rent if out for a few years.As long as you have lived in the property for two out of the previous five years ( Two out of the previous ten years if you're in the military) you can get the primary residence tax free exemption.

I'm sure you'll be out of here in the summer, but you'll love the winter. 

Even if you pay 10% in interest.

Is there anything I should focus on for the design / layout if the purpose is mainly for renting out? 

I take the approach of the investor pays me a fixed fee to learn this on their own so they never have to pay me again if they don't want to.

The bloated and wholly out of control Fed is long overdue for a “correction”.