Other areas that is pretty good would be Scottsdale, Tempe (near ASU), Chandler and Mesa (I heard that Apple will be opening a manufacturing plant there).

How do you go about comparing apples to oranges like this?  

So far I've just been checking out rent online, but it's hard to compare apples to oranges

My agent feels an apples to apples comparison based on recent comps (in the building), adding the average CAF, would equate to this unit costing $714k.I know there are expenses missing and without seeing the leases, not sure when they're expiring or when the tenants need to give notice.

@Jason Forbes If the first loan has good terms why uposet the apple cart.........get a loan thats not a FHA.

The Washington Post has several articles of bad apple investors.

I've been thinking a lot about this, and I think it's also important for me to subtract out everything I'll spend to sell this place (probably about 8%) in terms of calculating cash investment and returns on the next place to truly compare apples with apples.

I do this so I can compare apples to apples.

I am hoping a software is available to be able to categorize apples to apples by categorizing -for example all the "Sold" 2bedroom 1 bath homes within a the subject property's community/neighborhood.Thank you.

That same day, after eating a snagged apple from a friend's lunch tray and a sample piece of bread from the bakery next to my university, I headed over to the computer lab and put an ad on Craigslist to become a house-sitter/pet sitter.