Work with a lot of expats and foreign nationals in this space tax related.

Shay - if you can find something in Brookwood that is relatively turnkey between $300-$350k I'd prioritize that school district above the other areas - great rental market!!

Prices in relation to rent are too high to have the cushion that was available before. 

*Affordable – Next, Phoenix has relatively affordable properties in comparison to other top metro areas such as Los Angeles and San Francisco, which means that investors have the chance to purchase homes at lower rates, thus increasing their profit margins.

For other concerns, I would and still do advise them to reach out to Investor Relations etc.  

Maybe there also a lot to with the rest of your balance sheet as it relates to owning a $2 mil asset. 

He would also be exposed to liabilities related to the property, such as lawsuits or property damage claims, which could affect his personal assets.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

The general consensus here will be its all relative. 

I'd check out the quality in the store first to make sure it's relatively comfortable.