Found a great, high-quality tenant paying top-of-the-market rent.We moved from Iowa in 1998 and our first AZ house was in Chandler and we still have strong ties!

Unfortunately, reputable, quality contractors are hard to come by and likely won't be found on any public forum like this one.

Hi BP family-I am redoing my landscaping myself in order to attract higher quality tenets & increase curb appeal.

Hey @Michael Schoenbeck, to quote part of the 504 info:   To quality, a property must be more than 51% owner occupied.

Also, have you considered using a decent quality, pre-finished engineered hardwood floor (as opposed to solid hardwood)?

Visit the properties and consider the costs of repair/upgrade, the quality of the tenants, and the income potential. 

To fund these repairs, I used the same HELOC.As you can tell from the before and after pictures below, the differences are mostly a function of higher quality photos.

Unsolicited advice, but consider the tax implications with this.You may be able to take capital gains tax free from your personal residence.If you rent it out for certain period of time that benefit goes away.Consider taking the capital gains to buy separate rental property.Either way, definitely use a PM or Realtor if it's your first rental to get the proper background checks, paperwork, and highest quality tenant.

I analyzed a property in Houston, TX for fun and was wondering if anybody could give me feedback on what they thought about the quality of the investment and also if they would input numbers/ expenses differently.

Take a clue from the US goverment.Another way to optimize is liquidate properties that don't have the best long term prospectives and trade into better quality assets.