A balanced market is typically around 6 months of inventory, so a lower number represents a seller's market with limited inventory.

In Maricopa County, encompassing Glendale, Mesa, Tempe, and Chandler, you'll find diverse options balancing affordability and rental potential.

You are just trying to balance your revenue with the increased expenses of operating this business.  

I would think about maybe house hacking where you rent out a part of your home who will then pay part of your mortgage, this will help you save much more money and help you achieve your goal. 

Or you have a a balance on the rental also? 

Having supported several investor acquisitions of small balance multi family recently and originating mortgages for the better part of two decades here are some quick pointers and considerations for investors: - Residential loans are considered multi family properties of 1-4 units.

Hi William..hope things worked out, we're working several small balance plexes for investors..terms are actually quite workable as rates have declined during the past two months.

The current loan balance is $235k with a 5.12% interest rate.

However, they include "bad boy" carve-outs that trigger full recourse if the borrower commits certain bad acts like fraud or voluntary bankruptcy filing.Abandonment may constitute default: If the GP abandons or surrenders control of the property during foreclosure, it could be considered an unpermitted transfer that violates the loan agreement and triggers the guarantor's full recourse liability for the unpaid loan balance.

I do worry about the quality of tenants on the class-C properties, but I'm also no stranger to this stuff so if that's what I have to get into in order to achieve my goals, so be it.