Based on how many people have moved here from other states (specifically California, Oregon, Washington, and then a few areas like NY/NJ) along with the amount of redevelopment projects and the chip factory that was put in - I think there will be further appreciation for the foreseeable future.Will Phoenix economy be depended on this chip factory?

Based on what you shared you are not financially qualified to own real estate.

@Daniel Baker I would say a lot of it is based on their training or their resources that they utilize to complete your taxes.

Real estate got the early fools in based off that initial cash flow; they're no genius, they just gravitated to the lowest hanging fruit for money.

I don't remember the exact cost when I did it but I remember thinking it was cheaper than expected.I didn't see a comment mentioning that you should just include utilities in the rent and increase it based off that so I'll be that guy.

Was hoping to get at least 115k based off what comps were.

Only place I felt "safe" in CA was on base.

I own a LTR in central Houston that I think would be pretty successful as an STR based on the AirDNA data.

We're based in Tampa and, in addition to personally investing, I own a mortgage company that provides financing for tons of investors.

I'm not trying to time the market. ..just interested in people's opinions for me it was based on my experince I started in RE in 1975 and the 10 year cycle seemed to hold true right up to the GFC at least on the left coast..