“We are known as a landlord friendly state, and that attracts a lot of capital,” Phoenix Mayor Kate Gallego said in an interview.

The main benefits are doing ceilings and if you needed to paint a bunch of doors.

@Heidi Kenefick  @Sang JiAs attractive as this answer sounds, it is both incomplete and incorrect.

If it is not set up with systems and people in place to run it you will be mainly selling your book of business.

Getting less every month is still generally more cost effective than dealing with a tenant that stops paying or causes damages to the property.However, if you do decide to change your selection criteria and you are worried about fair housing, the main thing is documentation.

An activity is a rental activity if tangible property (real or personal) is used by customers or held for use by customers, and the gross income (or expected gross income) from the activity represents amounts paid (or to be paid) mainly for the use of the property.

Therefore your main competitive advantage is price.

Your active participation and readiness to take action, supported by solid financial foundations and relationships, will be vital to capitalizing on attractive real estate deals.The question remains: will the Federal Reserve’s moves lead to a soft landing, or are we bracing for a more turbulent economic period?

Lease-to-Own: Could attract buyers who can’t buy outright now but want to.

I might use the HELOC as an emergency fund knowing if I tap into it I now have to aggressively pay it down.Then main thing is you don't want to overleverage any property and if you use a second mortgage to buy a property, you are essentially 100% leveraged on that property.