I have excellent credit, $100k in savings, the lot value to use as collateral and about $500k equity in my primary residence. 

I decided to run IRR (Internal Rate of Return) calculations for the SFR (single-family residence) investing in order compare with the IRR targets I see proposed by syndication operators.

Chandler doesn't have much inventory in the way of 2-4-plexes as that area is a suburb of Phoenix and is almost exclusively single family residences,with apartment complexes sprinkled throughout the area.

Is there a full-sized gym nearby that would be willing to waive their start-up fees for your residents in exchange for a referral from you?  

The city is projected to add over 1 million new residents by 2040, with a significant portion of this growth occurring in the next five years.

Currently, I own a single-family home that serves as my primary residence.

Investment Info:Single-family residence wholesale investment.

You can have "good" residents and market rent...no need to settle for one or the other. 

Days on Market (DOM) since Q3 of last year.Single-family residence values continue rising and are selling for nearly 9% more than last year - National average for home sale price increases is 4% since last year per one of BP's most recent podcasts.Multifamily properties in Queens have sold for a median price nearly 6% above last year, jumping from $1,058,000 in Q3 '24 to $1,120,000 in 2024.Lastly, despite inventory increases, the # of sold properties has declined when compared to last year.

If you did the latter, then there was no usable bathroom during this time for those residents and technically the unit was not habitable.