Investment Info:Single-family residence buy & hold investment in Phoenix.

We sold for $1,218,000 cash (15 offers, 5 days on the market, and got a cash buyer that was going to live there and make it their own home for their family).

I’m looking for guidance on what type of investment property I should be looking to buy, whether it be a multi-family, single family, or a house near the beach that can double as a beach house/student housing as there is a university nearby. 

If it's flipping, wholesaling, single family, STR or self-storage surround yourself with local people doing that thing at a high level.

Hello,I found a multi family property that is under $100k.

I'm a teacher so I value my free time above all else (except for God and family, of course). 

Two identical single family houses, side by side, would be worth the same, because value is based on comps.You need to learn how to underwrite an apartment.

While opinions may vary, I rely on data to help drive real estate decisions and planning.Key ConsiderationsEducational Attainment: 77008 boasts higher numbers of residents with bachelor's (12,241) and master's degrees (5,739) compared to 77063.Demographics: 77063 has a higher percentage of foreign-born residents (41.02%) which typically indicates a strong rental market and with 76.86% renter-occupied versus 32.60% in 77008.Economic Factors: Median income in 77008 is $140,609 with a low unemployment rate of 3.37%, whereas 77063 shows lower median income ($51,899), higher unemployment (9.99%), and more families below the poverty level (16.51%), which may indicate economic diversity but also potential rental payment risks​​.Age Distribution: 77008 has more middle-aged residents (35-54) [8970 compared to 6,115] and a slightly higher proportion of young adults (25-34) compared to 77063 but both are popular with younger adults suggesting strong rental markets equally exist.

A very quick search of court records finds Michael and Sherida have had ongoing issues with stealing from friends and family. 

I find families with children or groups of adults staying at my STR do more damage whether intentionally or accidentally than my longer stay midterm guests.