2) If you do owner-occupied cashout refi for best rate, you technically have to live in the home for 12 months before renting it out. * Some responders here may suggest not worrying about that and renting it out anyways.

(A little background) Our primary home has a balance of $327,000 at 2.9% interest While our investment home has a balance of $88,000 at 6.4% interest I plan on paying off both back to back by recycling whatever extra income I have, but was weighing the pros and cons of which to pay off first.

I think a March 1 lease might be a little out of reach..

I do things a little differently and I do not expect others to follow suit, though they may if they wish to.I find properties that are not on the MLS.

Of course could be a little different but thats generally how it  all works.

An owner may have illegally converted it to a duplex. 2.

If you have little to no track record then you need to offer another 2% points.D.  

Owners are unloading their STRs due to over saturation in this market.  

*Be Informed — Stay on top of market trends, zoning changes, and economic shifts that can affect real estate values.ConclusionWith a reasonable strategy, a little resourcefulness, and a lot of hard work, fix-and-flip investing in the Phoenix area can be extremely lucrative.

We are also in process of onboarding with Appfolio in our Little Rock and Memphis property management offices.