You want an investment that pays for itself, including mortgage, taxes, insurance, maintenance, and even some money set aside for a reserve to cover vacancies and capital expenditures.

Low barrier to entry, low taxes, landlord friendly, some amazing class A and B suburbs and a strong urban core. 

It's always inspiring to see fellow real estate professionals who are passionate about learning and sharing insights.Phoenix is a vibrant market with plenty of opportunities.

It isn't a random search as you stated but experience and professional counsel.  

Add another $300 or so for taxes and insurance and you're at $2465 PITI. 

It should cash flow 400/month after taking taxes/HOA into account.

Hi Zhengyang,Conventional loans (residential) look at your personal income (like tax returns) while DSCR loans (business purpose) look at the rental income.

Worse case I just continue to manufacture them through my fix-n-flip business and buy with seller financing where available.Also, is tax lien investing really viable today? 

Can provide all the benefits from a cash flow and tax perspective.

There may be something called a "Due On Sale" clause.Check and see if all tax parcels are included in one mortgage or if they have separate mortgages.You have to have him spell out what he considers to be a "partial seller financing".