It's worth a conversation.IF you determine that selling is the way to go, $1M could buy you a comparable property in Scottsdale, depending on where in Scottsdale you'd like to be, and how much land you want on your lot. 

Thanks For Texting check out Launch Control, Lead Sherpa, REI Reply, ROOR or Textedly - Just depends on volume and sophistication you need. 

@Tatum Littleton, I appreciate your welcome and reassurance that we are choosing a good starting place. 

i think its the easiest asset class to understand that isn't stocks and a lot of peoples livings depend on marketing how perfect it is

I have no experience with tenant evictions and after some due diligence, it could take at least 3 months, until... depending on the judge.

Its a 12 unit building so lets say 2 persons per unit . 60x2=120 a day per unit 120 x 12 units = 1440 gallons Depending on area lets round it up to an even 2000 gallons . 

It may even be higher than 5% depending on the area. 

@Bryce JamisonI think it all depends on where you live.

Choose my own real estate agent

In all, when you invest in co-living properties, you have the opportunity to double, and depending on your location and how you structure your investment, potentially triple your income per month!