Given the current climate, I'd lean towards section 8 since you know you will get most of your rent guaranteed by the government.tldr: rent by room = more work and more CF.

In all multi-unit properties, checking on who is responsible for what utilities should be among the very first steps you take because these have potentially enormous implications on the value of the investment - this is particularly true of heat/AC in extreme climate areas.

And will be doing Climate controlled.This is an example, for discussion only.A.

I am definitely leaning towards a 15 month lease to start to hopefully avoid it in the future.My Michigan properties might be a bit more challenging because the climate is definitely a factor.

I generally understood the explanation before hand and again, ignoring property values, interest rates and micro-market climates makes sense because they cloud the math (i.e. - don't sell in a down market, don't refinance into a higher rate, etc.).

Because we have been in such a long, positive economic climate (some of which as been propagated with unusual government influence) I think the downturn will be longer than the average down turn.  

And with Arizona be so pretty and such a wonderful desert dry climate, I wonder if this will effect the AirBnb's (which are a relatively new factor in the real estate business). 

I am not willing to expand with this current political climate, but I'm also not looking to sell anytime soon. 

Light color roof and exterior to keep house cool, for warmer climates.

Climate controlled units.