I think it'll pick up as we get into Feb.

(Your $12k down and your new $24k debt.)The “trick” in regards to less than 10% down is people think they bought and asset or have equity.

Out of pocket, it is at least $1000 a year but I think it is worth it in the long run.

And I think it is, with certain caveats  and in certain states. 

I came across some critical information today that I think is important to share with you:In the aftermath of the LA fires, it has become evident that some homeowners’ insurance claims have been denied or disputed because the property title was held in a trust, but the insurance policy was under the individual homeowner’s name.This serves as a valuable reminder to review your insurance policies and ensure that the ownership structure on your property title matches the named insured on their policy.

I can think of probably another 100 questions, but you get the idea.  

I think it will add more competition to the rental market and the buyer market specifically up in N Phoenix, Deer Valley, Desert Ridge, and then up into Anthem - but will bring up value throughout the county. 

My wife and I did our own taxes using some program (I don't think it was TurboTax, but maybe.)

Current owner is willing to break even on the purchase price however, in my opinion I think he should consider 5 or 10k less then the purchase price considering the amount of repairs he neglected over the length of ownership.

I also have a few older homes I think I have a couple built in the 1910's.