The median home value in Phoenix as of April 2023 was $368,657, which is a 23.5% increase from the previous year. 

BUT I have also heard that it could trigger a due on sales clause, bringing the note fully due at any moment.

The seller just increased the rents to $950 starting in January 2025.

Thus, when a foreclosure sale is held, you can set the bid amount up to the amount of the total debt, which would likely increase from 80K to include the legal fees, receivership costs(we suggest 5 - 10% of the rents collected), repair costs, additional accrued interest, minus rents collected.

All they see is a 10% increase on a weekend, or month over month, and they call it price gouging.  

In 2022 the rents increased 12.1% year over year which was the 3rd highest in the entire country per https://www.axios.com/local/cleveland/2023/02/14/cleveland-rent-prices.

When getting new tenants I've found the increase to be much more. 

As has been mentioned, try to find a way to keep as your primary for 2 years, and all gains are tax free at the sale.

The market is crazy right now and will be for the next 2 to 3 yearsdue to inflation devaluing the dollar, inflation increasing newbuilding costs.

The goal here would be to increase rental income.