It's certainly more of an appreciation city as a whole but theres a couple of strategies that could be employed such as STR's/MTR's in the form of rent-by-rooms to make properties get much closer to cash flowing. 

A more cautious option could be to employ another house hack if cash flow and stability are your top priorities.Local Market Dynamics: Recognize the peculiarities of the real estate market in your community.

Remember, a credit score isn't everything, so stick to your screening criteria but also consider rental history and employment.

This policy should outline your criteria for tenant screening, including credit checks, rental history, employment verification, and background checks.Renters Insurance: Renters insurance provides financial protection for tenants' personal belongings and liability coverage in the event of accidents or damage within the rental unit.

Brokers will employ virtually anyone who holds a real estate license, which is easy to obtain, give them minimal training, and then send them out in the hope that they have a sister-in-law or friend from college who wants to sell their home.

Seek professional guidance from experienced agents, property managers, or investors to identify hidden gems, negotiate favorable deals, and navigate the complexities of the real estate market more effectively.By employing these strategies and conducting thorough due diligence, you can increase your chances of finding cash-flowing properties that align with your investment goals and financial objectives.

if you intend to live in it, there are strict ATR rules for consumer loans. this means the lender will have to qualify you with income one way or another. if self-employed, you have a few options that will eliminate the need for tax returns.

Hey guys, im located in Phx,az and would like to invest on my first property here, I would like to know what are my options, I am self employed and bring in about $4k a month (mostly cash )no paper work to trace my earnings (im in the car selling business)  , experian score 630  1 delinquent acct but it was paid off many years ago, Ideally i would like to put down $10k to $15k tops, what interest rate do you all think im looking at.

They will make him wish he had never been born :-)https://www.wikihow.com/Report-Employers-Who-Hire-Illegal-Im...

You will learn a lot about the market, opportunities others have found and the many different strategies and perspectives employed in this City.