If I were in your shoes, I’d focus on house hacking in Phoenix by exploring multi-family properties or using the BRRRR strategy with undervalued single-family homes.

Quote from @Nicholas Goerss: Hello all,I am getting ready to start looking at lender for my second conventional mortgage to buy my second property.

Quote from @David Cherkowsky: Hi All,I purchased an investment property in the middle of last year and to this point have been using 0.75*lease value in my DTI calculation.

We’re focusing on Class B & C properties in select markets and working to get the right balance between operational efficiency and long-term growth.

I would suggest look for a property management company to manage the property for you and slowly increase the rent yearly before selling.

Building a strong team (agent, contractor, lender, property manager) is key—seek referrals from experienced investors.

I’m a real estate broker, Investor, and property manager in Lee County.

On the journey, I once sold properties that were 30 minutes away as being too far, and also managed some properties that were 200 miles away. 

@Jason Munns, are you looking to buy investment properties in the U.S. or Canada?

It's a free country, you can run your business how you see fit:)That doesn't really work for self-managing property owners or what investors want from the PMCs they hire.So, yes we find solid contractors at Home Depots on Saturday mornings.When's the last time you've been at a Home Depot during that time period?