Multifamily pricing is really high in the A and B neighborhoods around Scottsdale and Phoenix.

Yes, but highly unlikely:(Anaylsis process is pretty simple.To determine what to offer on a rental property:Determine reasonable market rent, NOT the highest!

Stabilized it to high teens.

The "fine print" here is fairly sizeable upfront fees and high interest rates, relative to a traditional construction loan from a bank.  

There was a plumbing leak in the crawlspace under the house and is causing the high clay content soil to heave.....causing a 3-4 inch rise in the middle of the house flooring.   

@Will Almand, I would argue quads are always going to be in high demand.  

If you just need recommendations for where to go, things to do, places to eat I'm more than happy to share tips. ...While you're here Please visit downtown and of course, the beaches...Downtown is small and flourishing area with many places to go and eat that are highly walkable. 

But when I share that the low point on that visual is 1.700% of mortgages, and the high point is 1.730%, maybe the context makes a difference.

Growing population, great employment opportunities, steady appreciation etc.The best amenity has been location.

A lot (not all) of new people are so eager, but this is a bad time to be eager with high rates and low inventory across the country.