Its a little hard to make the numbers work many times and many investors end up in surrounding communities like Queen Creek, San Tan Valley, Mesa, Maricopa etc.Gilbert is fantastic, rentals are in high demand, vacancy is very low, lots of great factors other than the purchase price makes the numbers more challenging.

@Brandy Orner Sounds like a nice C.V.I think Dave-O is accustomed to wannabe players and few seasoned pros.If you are in San Diego, you must meet my friends Ward Hanigan and Bill Tan.

motivate' seminar attendees to "be their own boss", "escape the rat race", and "take control of their life" (with requisite slideshow of people enjoying leisure activities that YOU TOO can enjoy) all while belittling those who (ironically) choose the path of fiscal responsibility.Do they parade cardboard cutouts of the pretty faces from the teevee shows on the stage while the excessively tanned guy with pretty hair does his best Glengarry Glen Ross and tells you what a loser you are if you don't fork over the 40k?

@Tan MehediFirst and foremost it sounds like you're paying too much for the property. 

I also would be willing to take on the hard money loan if my potential partner would prefer to finance rather tan do a cash deal. - What I expect from a potential partner: I'm looking for a partner that can finance the deal.

We use 3 colors in our rentals usually 2 colors in each. light tan in the bedrooms and a darker brown in the living area and kitchen or sometime a light grey in those area's. we always paint trim and doors with a gloss white, the white really updates the look of the house and goes well with the colors on the walls.

Right now I have one property that I have owned for almost 9 years in San Tan Valley AZ. 

@Michael Tan thanks for posting this.

PAINT everything neutral, tan or grey. 

Were all supposed to be tan.