If you ever want to get into a tenant nightmare of costly potential litigation become a landlord, have the ac go out in Phoenix in July, and inform the tenant that you just don’t have the funds to replace it!.    

I wish you well in your investing endeavors. 

Reforming these definitions can open avenues for co-living arrangements, providing more flexibility for investors and addressing housing affordability issues.Key Takeaways for InvestorsStay Informed: Understand local zoning laws and how they define household occupancy.

Sec. 8 works well in some markets and it can be a premium and successful for locals who own a bunch of them and run them with an iron fist..

Any information is appreciated!

Yes, more information is needed.

The one who got 2 doubled it as well.

Here was one of the highlights "if a landlord knows that a property is subject to flooding, then they must share that information with potential tenants prior to signing the lease agreement.

Then you might be well into the black in a few years. 

I would keep it in a high interest bank account might as well earn as much gain as you can no matter how small it is.However I think some debt pay down would be great not to the point where you are not liquid enough to Jump at another opportunity or can’t make a major repair when it arise.