If it's a true B class expect to pay for it.

Figuring out the true cost will heavily depend on the type of dig down, depth, and total square footage. 

The question being, does this still hold true for Arizona?

Rodrigues' recommendation may change this), but my next question would be, are there any cities/markets where 1 of the following are true: 1) You have family/friends that live there, 2) You travel there frequently (either for vacation, work, etc.), or 3) Somewhere else you've lived before AND know the area well?

My 2 cents @Bobby Paquette - if it seems to good to be true, it probably is.

There are a very limited and reliable few of lenders that do true DSCR 2nds.

I’ve done some research and have found that some banks will allow the seller finance portion from the seller to go towards the down payment of the loan, is that true?

Leverage - someone mentioned Real Estate doesn't beat stock market returns and while that might be true in absolute terms, it's definitely beat the market when you consider leverage.

They cited insurance reasons, which could very well be true, but many residents felt it as a big "f you" Now folks from outside the community could argue this was an entitled stance from the residents, to feel they had access to this private land when they didn't, and that on the face is certainly true.

For a select few, this can be true, but wholesaling is much harder to get off the ground.