I would acquire a few apartment complexes in geographically diverse and recession proof (as much as it could be) areas. 

@John Collins From that description it doesn’t even sound like you’re that low.

Repayment Agreement This agreement is made between XX and XXRECITALSXX is in the process of buying a new XX[item description]XX desires to loan the down payment of this item from XXXX desires to loan the down payment of this item to XXIn consideration of the promises contained in this agreement, the parties agree as follows:COST OF RENOVATIONXX desires to loan the down payment of this item to XX, and shall provide cash, check, etc.

A property manager can help you avoid lawsuits by keeping your property up-to-date and in compliance with these regulations.Enabling you to invest in geographically distant properties: If you manage your own properties, you're pretty much limited to investment opportunities within a tight radius of your own home.

The other consideration is that insurance premiums are highly geographic based on risks in different areas.

The zoning category is R1-6 and the description Single-Family Res.My next step is to contact the Phoenix Building and Permits department to learn exactly what I can build. 

This is a very general description.

With quality interior photos and a decent property description on MLS, serious buyers won't turn an eye.

I see it all the time where people will advertise an apartment for rent with heat and hot water included in price, but not mentioned in the description of the listing.

I will give a full description of what’s going on.