i would listen to @Rob K. you cannot break the law & now you've just admitted it on the internet.maybe you didn't know the rules but it is more than just a moral decision.seems to me, if you're paying cash for properties, you could clearly pay your mortgage.you're manipulating the market & making the real estate meltdown worse by doing what your doing. i'm not saying the homeowners, banks & government are not also to blame...they are.

Stocks are manipulated and can be crashed at any time as we saw.

No, you begin being the "company store" look the term up if you're not familiar....as in manipulating your employees to do all their business with you and taking advantage of the primary relationship.

And remember, HMLs are temp for up to 12 months, but by then you should have completed the rehab, have a tenant and begin to receive some cash flow to put down on the Perm loan you will have to obtain.

@Christopher CrooksIf you want to get into rentals - house hackIf you want to get into flipping - live in flipIf you want to get into new construction - temp to perm

Greater dependence on debt, more manipulation needed from the fed to artificially sustain the markets, asset inflation, greater civil unrest etc. 

STRs in Tempe also do well because they are less seasonal than Scottsdale rentals and receive a ton of bookings from ASU students, parents, and traveling professors coming to Tempe. 

Vbro.com is where peeps rent their pads to vacationers as temp guest not formal tenants.

@Michael MieleI run a print, design, marketing and mail shop in Tempe, Ariz. and have more than five years of experience handling print marketing material and dealing with the USPS.

I was just in the Scottsdale / Tempe area looking at properties but couldn't quite find numbers that met my criteria.