Well said @Melanie Baldridge

I have made my own list of leads as well with some properties that I find vacant, probate, tax lien. but have only helped an out of state realtor on a deal a yr ago. and 2025 I would like to have the right people to go to with questions and or properties when I talk/find home owners that are willing to get rid of the property as well. 

Quote from @Gregory Schwartz: I have 2 very close friends who grew well beyond 2 rentals with this strategy. 

Income should be at least 3 times as well, otherwise they'll most likely move out when you up the rent (I made this mistake once).

I would suggest looking into syndications as well.

I use the calculators here and I use deal check as well.

Several years ago when the low flow toilets came out, some just didn't work well at all.

I have been on New Western's deal list as well as another bigger local company and everytime I underwrite these deals there is very very minimal left on the bone let alone contingency funds for going over budget on the flip...

I know a few investors that do it here in Tempe, Mesa, and Glendale - not to mention you can do it in Phoenix as well. 

Columbus is worth looking into as well if you want to hold real estate long term.