If you go into Central or South Scottsdale (Old Town) $1M will buy you a smaller, older home, OR half of a big, remodeled home (as alot of the Arcadia and Old Town area are turning over old small homes to be big beautiful homes in the $2.5M range and higher).There are options.....for both buying and renting, that would work with your situation.By the way....it's 51 degrees in North Scottsdale right now where I live. 

So adding this to my prospecting plan may provide reach to do deals that I may not have had before simply circling the usual watering holes.

.$275000 with 25% down, taxes $4080, insurance is 3000 yr and rents is $3800 month, Water $400 mth. 

Ranges can be fine if they’re in good condition, but inspect them thoroughly.

I'm in a couple of funds so the range is 10-12%.  

Water from the well has sediments and water forms a yellow lining in toilet.

The numbers that have worked so far are 150/sqft However that is in the 550-650k exit range.

These straightforward requirements make the process accessible and convenient for buyers.The initial setup costs typically range between $500 and $1,200 USD, while annual maintenance fees are generally between $500 and $700 USD.

I think I could get in the 5k-10k range for a down payment.

In case I have to sell or I quit running STRs I wouldn't want to be under water out the gate.