People have already moving to the Surprise/303 area in recent years.

Quote from @Andrew Steffens: There are probably more experienced people on this type strategy who will hopefully chime in. 

There are auctions, city grants, and financing programs designed to help people revitalize neighborhoods.

Would it be better to stay in San Antonio and network with people in San Antonio?

My experience has been that although I outline the requirements for tenancy in my properties, both brokers and PMs still send people who would qualify for most property owners but do not meet my outlined criteria; and then are SHOCKED when I reject them.  

People that get destroyed are ones that are enticed by the low interest rate and assume they can refi after the second year. 

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People investing in Phoenix are seeking appreciation.

Many people do. 

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