Padsplit residents can cause problems with neighbors and other residents because many have substance abuse and/or criminal histories. 

Phoenix contains a rare combination of elements that have created an outstanding market for distressed property investments, including the following:Cost Savings: Distressed properties are sold below their market value and enable investors to take hold of properties at a trifle compared to traditionally listed properties.Strong Market Fundamentals: Being among the fastest-growing cities in the country, Phoenix ensures a high demand in housing and rentals, hence good potential for resale or income from rentals.Value Creation Opportunities: Most distressed properties need renovations; thus, such situations present opportunities for investors to increase equity by adding value.Population and Economic Growth: Phoenix remains among those cities in the country which are attracting more and more residents and business; therefore, this presents good, long-term appreciation possibilities of property appreciation and income creation.Challenges to ConsiderWhile the rewards can be great, distressed property investment is not without its challenges.

Investment Info:Single-family residence buy & hold investment.

However, required downpayments were typically 40-50%, and would be difficult without a residency visa.

Other factors as well of course: DTI, the LTV, primary residence vs investment property, etc.

Short term rental permits are only granted to owners who will be renting their primary residence.

They will be your BOG (boots on the ground) to be able to view the property.I will say that I did buy my current primary residence abroad and it wasn't fairly complicated, I would just do some things differently than I had initially anticipated if that makes sense.

With new programs opening here, there will definitely be an influx of new residents.

Have the property taxes increased because this is an investment property and not a primary residence?

In my experience, the average Section 8 resident behaves differently than the average market rate resident, and the government-backed rent is not worth the added hassle.