I think it will add more competition to the rental market and the buyer market specifically up in N Phoenix, Deer Valley, Desert Ridge, and then up into Anthem - but will bring up value throughout the county. 

I know it has been a while since you posted this and while my partner and I have both established HELOCs, I have been thinking again about what you said here.

I would think there would be a ton of pressure from them.  

I also have a few older homes I think I have a couple built in the 1910's. 

(Your $12k down and your new $24k debt.)The “trick” in regards to less than 10% down is people think they bought and asset or have equity.

But I think, with so many pro-tenant laws coming out, if I buy a property in a more "sane" city, who knows if they won't introduce woke laws later in the future.

Honestly, it seems like you’ve got more skin in the game than I do since I’m just getting started as a bird dog, but I really admire your approach.I think your focus on tax-efficient strategies and building a reliable team is spot on.

It is very easy to save money working in public accounting.I forgot what my dinner allowance was working at the big four 5 years ago in a major city(I think it was like $20?)

I can think of probably another 100 questions, but you get the idea.  

You can also take a car ride and travel to Dallas, Houston or Austin.I think NYC is a good city if you want to work and make a lot of money.