Agree with the other guys. 4 units is best, you have more tenants and opportunity to increase rents if one or more tenants turn over. 

These figures suggest the property may be overpriced based on current rents, so negotiating a lower price and increasing rents could improve the deal.

I am a landlord, broker, investors, etc. and have section 8 tenants as well - luckily I have a good relationship with my tenants but man oh man... dealing with their case worker was almost like they were paying out of their own wallet for a rent increase when in reality HUD had updated rent guidelines.Do you not have an online portal or account that you can access the section 8 landlord portal via?

Since then, I increased my security deposit to cover more than a half month's rent should I need to use it.

I purchased the project mid flow for a discount and completed it with the builder.The Appraisal: The 2025 property tax appraisal we received went from 1.66M to 2.43M (46.4% increase).

It also has become a popular travel destination over the last 5 years or so, so there has been an increase in competition in the STR space as well. 

Since the account is linked to your mortgage, overspending can increase mortgage balances instead of paying them down.

The closures arrived at a time when Phoenix's retail market was tight, with space for expansion becoming increasingly rare.

It increases housing demand and increases the need for rental properties.

Unfortunately I'm in So Cal and looking at a hefty increase on the property tax.