You'll definitely get the long term appreciation in the San Diego market since our supply levels remain low which helps to insulate our market here, but it will be hard to cash flow on immediately unless you use one of the above strategies I mentioned. 

This way there's low risk in the beginning.

HELOCs let you access equity as needed, keeping costs low unless you use the funds.Key considerations: If you plan to scale quickly, the HELOC might provide the liquidity you need for faster moves.

the GreatSchools rating is low for Elementary, Middle, and High School.Is anyone familiar with the new subdivision? 

That is a fairly low priority issue for the Detroit police. 

As others have noted the number of MF properties in the greater Phx area is low compared to many markets and the number for sale is even lower.

Why do you think the demand is low?

I have the ability to cover all the expenses if there is vacancy, which this property has low vacancy.

Quote from @Bonnie Low: The "best market" is less about the market per se and more about the deal you're able to find in my opinion.

Waiting gives you 0 traffic, which is worse than low traffic.