They’ve been solid investments, with rising rents and property appreciation, but over the last 2 years, skyrocketing HOA fees and stagnant value growth have reduced cash flow.

And equity growth has been great since then.

Quote from @Faris Wright: As a new investor, I'm weighing the benefits of focusing on appreciation for long-term growth versus cash flow for immediate returns.

Not really a growth city in my opinion. 

I didn’t know the details about a project we’re working on, and it showed.Lesson learned: Always prepare thoroughly before each call and be ready for unexpected questions.Failures like this are uncomfortable, but they're how we grow. The

I hadn’t thought about the risk of expanding my portfolio by having multiple properties over leveraged, although that seems to be a growth strategy that many use,  I’m not sure it’s one I’m comfortable with.  

I would rather invest in an area that has great rent growth outlook than a place that meets the 1% rule but has poor rent growth.  

Homes that appeal to our target tenant segment range from $350,000 to $475,000, so the supply of housing we target remains almost the same regardless of how many new homes are built.DemandPopulation growth drives housing demand and price and rent increases.

The Arizona economy today is much different from what it was in 2008 when housing and construction drove our growth.

Doris liked to delegate very specific tasks that kept peoples heads down in paperwork.