Worth using, but also worth dedicating some time to qualify the right one to work with (I work with a Bigger Pockets preferred lender, so I am not impartial!)

Preferred equity.  

I prefer to have the least amount of banks as possible.Create a bank account that you already have a relationship with(Credit card or mortgage)The least amount of bank accounts is also ideal.

But with my situation, I’m switching jobs so I’d prefer to wait to know where I work before I get place to live for a year.

Alternatively, a tenant-in-common (TIC) structure is often preferred by investors in similar situations.

The Falls at crimson commons, preferred needed - again due to bad original assumptions, cost overruns etc. 9.

Most DSCR lenders actually prefer you to own the property in an LLC, although some do allow you to close in a personal name.

If you prefer to stay local and build equity, house hacking a duplex or triplex in Fort Lauderdale could work, especially if you can add an STR component to boost income.

My current APR is 3.375%.I could get ~$1,400 - $1,900 in rent and that's conservative and my current mortgage is ~$1,100.The property could appraise for ~$225,000 and the outstanding principal is ~$178,000.I honestly would prefer to move if the new property had more sqft.

Personally, I would never live in PHX, but that is all personal biases (I prefer seasons and greenery), and clearly lots of people choose to live in PHX.At the end of the day, I would argue market selection almost only comes into play when you are talking assets that cater to institutional buyers that have to get investment committee sign off.