I exited the market due to the short term rental regulations - properties that are rented under 90 days are considered short term.

You are still in the hook to make your underlying payments though. 

Here's an example of a property I have under contract and my comps on it.

FHA 203k is an amazing product and under used! 

Some interested buyers did go under contract but things fell through in the deals.

@Mike ReynoldsYou hit the nail on the head in that seller financing would fall under the non-recourse loan category; therefore, UDFI would not apply.

I ran my own custom proforma for a bank loan using the asking price that would generate a cap rate over 10% and CoC just under 20%.

Personally speaking, from an investment broker and investor standpoint, I feel single family investing is the riskiest in some investment ways in comparison to larger investments due to the fact that it only takes 1 repair or tax/insurance hike to put you under or lose all income.

With the massive Taiwanese semiconductor plant under construction in Phoenix, bringing billions in investment and thousands of jobs, how significant do you think the ripple effect will be on the local real estate market?

If there’s specific projects like electrical we get a project specific estimate after we put it under contract prior to the earnest money going hard.