Usually cleared and ready to be built on.

CA benefits from a glorious past with tech industry and entertainment industry to name a few, that were built before CA became effectively a one party system; and this "People's Republic" unfortunately also "occupies" more than half of our beautiful West Coast with prime real estate.

(complaints, etc.)The previous lessor had a built-in rent escalator of about $9 per month in rent and an automatic lease renewal clause. 

Hi all,Been on the house hunt this year for my first property, a duplex in Austin for a house hack.Obviously it is very difficult to find a cash flowing rental in Austin proper; but, we're not really interested in moving out too far from the center of town, for lifestyle reasons.Looking at one potential property, and it looks like, factoring in net rent from one half  of the duplex, property would 'cash flow'  -$2000/mo (FHA loan, 3.5% down). 

I own a town house for over 10 years .

I know that I will only occupy a unit for a limited time, and the house-hack is just a way to get more favorable rates, better loan terms, and elminate, or severely decrease my housing costs today.I am sure there is someone on BP who has built some wild spreadsheet, or other model where you can actually calculate the value of no mortgage, but for me, as long as I am covering most, or all of my PITI while I am occupying a unit, and the deal works as a stand-alone investment deal, then I am done running numbers. 

In my research it seems that some states have newer protections that can be built into the condo in the form of specific bylaws following a certain date(s)...I'm not sure about AZ specifically, but it may be something to research.

Right in town...some prefer, some don’t.

I invest exclusively outside of Fort BraggThe only benefit of buying in a military town is it can be somewhat insulated from economic downturns. the detriment is military towns are generally stagnant.

Keith,Northern Nevada has been booming lately due to low cost of living (which has been steadily increasing), taxes and businesses coming to town.