I opened 3 of these between me and my wife and transfer my HELOC to those cards.Yes, it dinged my credit score pretty hard (went from Excellent to Poor in a like a week LOL). but for the last 15 months.

Do your friends happen to know tomorrow’s winning lottery numbers as well ? 

Just my thoughts.Best, I agree with this... if you can have the person who is paying rent cover a good portion of your expenses.... that's a solid win.

Depending your goals and resources, if you get the right team on the ground, investing here (especially since you know the area), could be an excellent option.  

Excellent things to think about. 

hey my name is cobi maimon I have been learning and educting myself over the last couple of months about real estate and feel like im ready to get started.I am moving to Scottsdale AZ in a couple of weeks and i am looking forward to start building my core team and get to know investors from the area as well.So I am planning to foucs on multi families to buy hold and rent and I would like to get some recommendations for excellent 1.mortgage banker2.insurance broker3.property manger  4.closing company5.realtor Thank you in advance for taking the time to help me out and good luck to all of us :)

Perhaps, but these buildings were built within the last 30 years and seem to be in excellent condition so there's no upside there.

Real estate is also to help others to find solutions for their challenges ..... we help a few business to gain money and we offer jobs to a few contractors to help us with our project , we make some profits so win win situation .

Excellent point!  

Two years later, We win the lottery....