Cosmo - I personally don't know Phoenix well, but if I had to do this in another city I would look at income levels, crime levels, and population growth (if you can) by zip code and/or area within a DMA as a starting point.

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

Quote from @John Winters: Greetings BP ~I am hoping to receive some feedback on the financial feasibility of this plan and/or some tips to improve it. 

Moving south...here are some quick areas of note: Florence - Centrally located and easily accessible from Eugene.

Was able to get a meeting with the seller and negotiated using evolving knowledge of construction and deal analysis in addition to discovering seller motivation through direct contact.

It was also difficult to assess the heating situation after repairs since tenant refused to provide key to access unit for repairs and/emergencies, citing “privacy and safety” concerns.

@Jay Chung If the mechanicals for the duplex are in the basement it may be better not to give the tenants access.

This will also change from community to community.

There are other suburbs that you may be able to do it in but its not going to have the booking rate you're looking for.

This idea of diversification is a very tricky philosophy to me.