Stay tuned for our next blog on diversifying your real estate portfolio for long-term success!

The original six month tenant I had extended the lease 9 times and stayed a total of 5 years, paying me about $15k over market rent annually.  

I agree that efficiency is a huge part of that equation, and the more efficient the PMC, the more they can stay profitable with lower fee structures.  

Your team can stay local.  

It seems you and your husband have the ability to make a property more desirable and I would try to stay local for the same reasons you listed. 

Just personally, I would never do an absentee landlord kinda thing....Too many moving parts, too much to go wrong and cuts into your profit big-time....Sentimental value is one thing, but not if you end up hating the house down the road.....Stay local, plenty of opportunities in good ole AZ.....

Stay there one night and test it yourself.

Even if you aren't into creative finance, stay away from rough neighborhoods.

At the time of purchase, I knew I might not want to stay indefinitely and at some point to might convert the home to a rental property.

I generally stay out of politics, but I’m interested in hearing investors' perspectives.