Keep detailed records of income, expenses, and improvements, and choose the right filing approach based on your comfort level with these rules.This post does not create a CPA-Client relationship.

There are no municipal-level rental restrictions. 

Plus, the ability to cook your meals in a fully equipped kitchen can save you a significant amount compared to dining out every day.Living Like a LocalStaying in a condo offers a level of immersion that traditional accommodations can’t match.

Early on in my career, I saw a close frend do something similar.. she borrowed from her circle to finance a rural fixer-upper, then paid them back once she refinanced after the rehab.I’m guessing that massive yard plus the barn is already a big selling point for your tenant, especially with a family that wants a little extra room for animals.

However, inventory levels have decreased, with 1,191 homes for sale in December 2024, a 4.3% decline from the previous month, suggesting a tightening market.

Without this workout, the down payment requirements, current levels of interest rates and cost of the transaction would not be incentivizing enough to for investment. 

As far as wanting to be nurse and cook, generally the level of care is five patients per one caregiver, and if you were the caregiver, you might not have a lot of time to be cooking.

The rental market is expected to stay flat or soft through 2025, then is estimated to start appreciating again once the new supply of multifamily housing reaches traditional occupancy levels.

Yes, I have been involved with several "mold" properties that still had high mold levels after remediation.  

I agree that I am bullish on this taking the PHX market to the next level.