The property had foundation work done just prior to the sale but continued having problems, even after I hired a second contractor to correct.

It depends on your financial strength, the quality of the property, how many properties you own, etc.I like to start with one significant expense and three months of vacancy.

If you're in a high-cost area, consider out-of-state markets where you could buy a rental property outright. 

On properties that stay pretty booked up too. 

One thing I suggest doing as you do your research as well is to find a property on AirBnB that you like. 

I could care less if someone smokes marijuana but worried it might impact other tenants & future renters.What are my options, if any?

Sounds like a pretty cool property, good luck!

Phoenix has a pretty diverse market, and while there’s no official A/B/C/D breakdown map, you can generally categorize areas based on price points, rental demand, and appreciation potential.For BRRRR, you’ll want to focus on places where you can still find properties at a reasonable price, add value through renovations, and get solid rental returns.

I have one property that is a 4plex in Carson City, NV.

If they’re lying they probably chose your property because you didn’t have a PM.