Oh, some of our sources THINK they’ve located those deals, but closer examination either uncovers higher risk, undisclosed negative information, or outright fraud.  

I think most would disagree with the 15 year strategy but if you can afford it, its not a bad plan to build up some equity.

@Nicholas L. no, I disagree.

If you see something that you disagree with, or that is wrong then tell your Landlord, or ask for an explanation.

Not even for 18% paid in weekly installments.Standard is on the order of 15% plus some points for up to 70% of the ARV or (purchase plus rehab) for a more conservative lender.Jon, I would respectfully disagree with you here.

Quote from @Jay Hinrichs: tax attorney told me we would lose.Water under the bridge now, but as someone with almost 30 yrs experience of fighting the IRS, I disagree with your tax attorney 

Others may disagree, but in my opinion, you need to have some level of rehab knowledge and understanding of costs before having a contractor walk a property.

Quote from @Michael Smythe: He'll need to register the AZ LLC in Michigan, which pretty much leads to MI LLC.I disagree.  

I disagree with @Jonathan Greene especially since the vast majority of agents in my experience are part time.

I don't disagree with anything that anyone said, but the question was about the PHX specific market and advertising more bedrooms.