Another consideration is that he may be retiring soon so do we need to make the purchase before he retires because DTI will come into play? 

As a DSCR specialist, AZ is one of the 5 states that makes it strict for lenders, so less than 20% of DSCR lenders can touch it.Credit will play a factor, but assuming solid credit, 75% LTV at around 7.4% with no buy down.

The increased potential returns comes with significant increased risk which is not playing out well for many right now.

We started playing around with AI Callers for inbound lead appointment setting, the results are pretty encouraging.

Look into Columbus if you looking for equity plays and strong appreciation. 

If this is the case, don't be afraid to do the bare minimum to get the space up and running, and then add items as needed over time after you have some rental income to play with.However, if you are planning on transitioning these to STR's in the future though, I'd definitely recommend getting as close to fully set up as possible before launching. 

I think SFH versus multi unit has a lot of variables at play as to which is better.

However, several factors come into play, such as state laws, regulations, asset protection strategies and costs (widely different, e.g., California vs.

Assuming it's Section 8 approved, why would it not be a good idea to slap a Section 8 tenant in there and collect positive cash flow?

I am personally interested to see how this plays out @Xingcai Wu please keep us posted.