An appraisal is the only thing you should ever pay for before you close the loan.

Then rent the bigger home out using a property manager, allowing her to possibly cash flow and maintain that asset and let it continue to grow in value.Encourage her to consult with a CPA or tax attorney to explore the best strategy tailored to her situation.

However, as a seasoned landlord, I would not ever dare to ask "how much more damage could they do?".

I have been using comps from the MLS but as the company grows, I dont have that advantage in other states.

You get some of the strongest rent demand in the Phoenix area being closer to downtown, and then you position yourself for the upside of the growing North Phoenix economy with TSMC and other economic developments.If you want more info, I can send you the 3-5 most recent properties my clients have purchased in the last month for you to review.

Remember, confidence grows with each step, so take action and keep moving forward!

Have you ever heard of a Landlord being sued by a Tenant and losing property?

It'll take some time but I see Anthem and all around the plant growing significantly over the coming years, small multifam and sfh's may be a good buy up around there.

You’re in the right place to learn and grow.

I could probably rent the house as-is but I would hate for it to be an issue if there was ever a fire or something drastic.