. ;-) And the interstate system.

We wouldn't really come out that far ahead. 4BR houses are rare, not a lot of large lots, and would be further from the city and interstate. 

Based on the fact that presumably you’ve already contacted the potential investors you’ve had a pre existing relationship with, and still need to raise more capital, you’ll be soliciting capital from people with whom you do not have a legally defined existing relationship with.Now, depending on whether this qualifies as an intra state offering, or an inter state offering, you will have to use either a state or Federal exemption for private security offerings.

It's a solid 15-20 minutes away on the interstate.

We're intersted in getting into REI investing in the buy and hold rental area with most likely SFH or condo/apartments.  

My personal opinion has always been, if you take a look at a map of the Phoenix metro area and find where Interstate I-17 and Interstate I-10 intersect.

The average that intersts me would be probably be 5 to 10 a week.When and if I go full time, I might try the direct approach with distressed sellers.

It is one of the undervalued areas that had great local amenities, close to work, shopping, interstate, beach, reasonably priced, fairly new housing, the neighborhood's common areas are maintained by an association.

Home loan interst is also a great tax deduction and if the rate is low, don't make extra principle payments.

That lowers your interst rate and fees on the loan, assuming you want to live that close to your tenants.