Thanks @Karl B. and @Karl Hadley

I would say start buying class b and c rentals and build your portfolio slowly.

Thanks @Mike B.  and

Roof finally gets done around the end of March..

On my last property, I purchased on March 5th, rehabbed, and rented it out on May 1, started refi loan on May 3rd, and closed cash out refi May 24th.

This means I am moving from primary residence home-A to primary residence home-B and my old primary residence home-A will then be an investment property. 

They take place from March through September - with some really big ones over the next week or two. www.cosl.org

.  ;-)Today's Newspaper***********************************"Metro Phoenix homebuilding hits decade high"New houses are going up in the Phoenix area at the fastest pace in 10 years, and prices are climbing faster than they have in five years.Buyers are again heading to Valley suburbs farther out to find houses they can afford.By the building numbersMore than 1,950 new houses sold Valleywide in May, and the pace of sales for the year is 18 percent ahead of last year, Belfiore Real Estate Consulting reports.May was the best month for new house sales in metropolitan Phoenix since March 2008, according to RL Brown’s Phoenix Housing Market Letter.Brown reports the median new house price in the Valley is up almost 3 percent from last year to $330,000.

What about B and C above? 

Great advice Andrew B and Andrew F.