If you're an individual investor who owns or will be buying a single family home to rent in Metro Phoenix (and other booming Sunbelt states), good news: the big dogs with their legions of analysts think you're making a smart move...because they're doing it too.From a 10/19/20 article by Mark Heschmeyer of CoStar News:"Young adults have been fueling demand in the urban apartment market for several years.

Right now this area is seeing a HUGE move from the more dense urban areas to our suburban/rural areas thanks to COVID.

The majority of the properties that will get hurt are going to be your 500+ room large hotels in urban centers.

When COVID recedes, when the equity market loses the mania and prices dive down (possibly dramatically) to reflect future earnings potential, and when people start getting laid off or told that their office is going fully virtual and they can work from anywhere in the country, I have to assume that that is when we are going to start seeing the dramatic effects of the gargantuan pan-American urban/suburban-area real estate bubble burst.

At the moment I'm working on a new-built project (a largish urban apartment building) that has small units but devotes significant valuable space to indoor and outdoor common areas. 

Not very familiar with those other options, but I'd be surprised if any major urban area is selling for under 100k per door these days.

School boards, especially in more urban districts are very aggressive looking for tax dollars.  

@Nathan G.This is why we pay urban planners!

Feel free to reach out if you need management help.Typical management fee should be in the 5% range.Thanks,DanielA6 Urban Properties, LLC

The perfect combination is a section 8 tenant with SSI/SSDI and unemployed...we trade safe, clean, and appropriately priced units, for a long term tenant that pays rent on time, every time.In reality, none of us are real estate investors, or landlords, we're housing providers...and as a society, the progress of the most vulnerable is a direct reflection on all of us...and in the US, we're close to the worst in the civilized world at housing people.