Have you read Start with Strategy by Dave Meyer?

House hacking is a great strategy, especially in a market like Phoenix where rental demand is strong.

Look at their marketing strategy.

@Tyler GarzaYour "buy a new house, rent the old one, and trade up" strategy is a solid way to build wealth, but there are a few key factors to consider.

Then you can start seeing other places just on the MLS when you get this strategy down and knowing what rough numbers will be, but it is always mandatory to get a full amount of rehab costs to get the GC into the property. 

you may have to save up until you have enough money to do so - down payment, closing costs, reserves, etc.House Hacking: What Is It, How to Start, and Strategies for Successit's a more powerful way to get started. 

I personally like the buy-and-hold strategy and we help clients who share this long-term, wealth building mindset. 

However, I will comment on the investment strategy enacted by the subject.

However, part of our strategy is to build a property management company that specializes in working with subsidized housing programs.

Personally, I advocate for a long-term investment strategy and would recommend investing the funds, provided you are comfortable with the expected return on investment over time.