It really is difficult because it requires a mental and business shift of paradigm.But like everything, if you put in quality work, you can get quality rewards.

I’ve called numerous banks/credit unions over the years for various things and more times than not they’re the one who seems to pull through

After listening to numerous BP podcasts over the past several months, I felt it was time for me to jump in and become an active member of the site.  

Slowly is how I have been in this for about 6 years or so now and I have gone through numerous realtors and contractors.

It comes down to risk tolerance and risk/reward.

So: Net net - Here is where I am with a dilemma between CHOICE 1 (Chandler Blvd/Ahwatukee Hills/Gilbert - PROVEN areas) for an "OK" return for relatively much less risk where I have to cough up 350K for a decent SFHor CHOICE 2 (San Tan/South of Queen Creek/Coolidge etc) for a bit more risk but better reward and incidentally better cash flow - and yes, LOWER price overall for the property around 200-275K and hence more manageable.With the following baseline assumptions:175-350K price rangeNo PoolDesert Landscaping in back and front yardBuilt in last 5 years and reasonably well upgraded to keep CapX low.Close to many (preferably high paying)  employers Around 3-4 Bedrooms, 2-2.5 Baths.

On our own projects, we always make our own assessments of rental rates, and there are numerous resources for this data once you know where to look.You need to determine the business plan, i.e. duplexes vs. larger project, then have an architect layout the design on your chosen path, then run a set of number (proforma) to determine feasibility.

I’ve encountered this issue on numerous occasions.  

I would say it's a high risk / high reward play.

It's also the most rewarding work we get to do!!