A house that's similar, but 10% larger than another usually isn't worth 10% more.

Don't forget to annually mark time for vacation or family time.You might consider hiring a teenager part time if there's something that is time consuming (for me, putting out 20 open house signs then picking them up).Best to you!

Keeping my eye on the worst houses in the best neighbors that need some reno that I can turn into STRs or LTRs.

First house, we are living in it while flipping.

Here's a fundamental explanation to get your juices flowing:Assume a house costs $200,000 and rents for $1,500.

They will be an incredible resource for your first house hack and beyond in Phoenix and Maricopa County, AZ.

As others have said, the best thing your son can do is run far from this deal, buckle down, save his pennies (he probably already is doing this), house-hack, and improve a property with sweat, hard work, developing a DIY skillset, and self-managing tenants. 

-Bill Mcbride newsletter if you want narrow and deep insights about weekly trends in housing -JBRE is a good one for deep dive on housing stats.

Poor or No Communication PlatformsEffective co-living communication platforms are characterized by:1) usability2) accessibility3) commitment of involvementThis can be done through house email lists, whiteboard, group texts, etc.

We recently relocated from our primary residence to a rental property ourselves (we recently welcomed a baby, and our house no longer accommodated our evolving needs).