Of course, there are a few guys backed by hedge funds with basically unlimited budgets. 

Not sure it’s in the budget to add any more gold fixtures or a new island to the kitchen, but I may replace the towel rack in the bathroom. 

I'll disclose my budget & personal goals via 1:1 messages.

Eliminate debt, establish a budget, and save.

So far in August we have $1800 booked (first 2 weekends) then a week stay from Wed-Wed The 21st-31st are current not booked.

Depending on budget, there are some interesting multi family areas scattered around PHX + a decent amount of SFHs with casitas already built. 

Eliminate debt, establish a budget, and save.

You'll definitely be able to secure a cash flowing MFH under your current budget in Cleveland.

Does anyone think that the US will start being responsible with their budget?

Main thing for you is: - Have both you and your buddy talk to the same lender and get pre-approved to understand down payment options and what your combined budget would be- Decide how you want title held (joint tenancy or tenants in common) - do a google search on this to see which option is best for you guys- START SHOPPING!