Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

@Annie DriscollSubsequent borrowing by the AITD holder seems to be dependent on the lender.

My point is this, I am actively involved/advising this investor, providing local vendors contacts (handyperson, surveyor, painters, etc) and I "don't wait for them to call me", I call them weekly. 

Lease Terms: Determine a monthly rent payment that covers the HELOC repayment (interest and principal) while providing some positive cash flow for you.                    

Any lender should be able to easily do a HELOC for you (provided your credit is OK), but a local credit union will likely give you the best deal. 

Thank you for providing me some real useful strategies here.

I do intend to stay close to home - but home provides only annual opportunities and I’m looking for year round possibilities with tax deed properties. 

@Blair Ross Jr depends on how much experience you have with investing in rental properties.

Here is a link that provides fantastic information on the turnkey investing option from BP. 

Based on how many people have moved here from other states (specifically California, Oregon, Washington, and then a few areas like NY/NJ) along with the amount of redevelopment projects and the chip factory that was put in - I think there will be further appreciation for the foreseeable future.Will Phoenix economy be depended on this chip factory?