Its no surprise that's a great rental. 

wow, surprised to hear you sell so much!

You can usually request this from a title company or look into public records in your county’s clerk or recorder’s office.If you’re not sure how to navigate this, contacting the auction house or a real estate attorney familiar with foreclosure auctions can help ensure there aren’t surprises.

People have already moving to the Surprise/303 area in recent years.

More than likely, you’re going to encounter some kind of problem or unexpected circumstance at some point.

Some investors thrive in these situations, while others prefer clearer paths to ROI.Before proceeding, consult with a real estate attorney and conduct a title search to uncover any surprises.

Given the current market, I'd be surprised if he can get a bank to lend 65%.

Another aspect of this is parasitical family members who are suddenly "close to you" and need accommodation because of some unexpected and horrible and unfair emergency. 

IMO cash flow provides a way to mitigate the risk of unexpected expenses and loss of income due to vacancies.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!