It is currently rented, and we are bullish on the building and plan to keep the unit in our portfolio.

Quote from @Nithin Kumar: New to Phoenix and hearing a lot of places for rental investments but trying to figure out from the pro's around to find what are the areas that can break-even on a monthly basis and the areas that can show appreciation in the nearer term. planning to put down payment of 30% (~100k) Hi Nithin, I live in North Phoenix myself and would recommend anything around the Paradise Valley Mall area.

People have been dropped by insurance companies in wildfire areas and had to scramble to try to find insurance - some using California Fair Plan. 

@Bryce Nurding it sounds like you have a solid plan. 

I would like to park my license somewhere so I don't lose it.

What adds complexity to our plan, is that we live in Minnesota.

🙌Once goals are set, it's time to reverse-engineer investment plan.

Alternatively, if you’re using QuickBooks Online with a plan that includes the "Payments" feature, you can collect rent directly through QuickBooks while staying on top of your bookkeeping

Quote from @Matthew Samson: @Corby Goade yep, that sounds like a plan.

I plan to live there with my wife.