Your home, has to be in good condition & you will have to ensure that the tenant can vacate the home. 

Partner Driven saw potential in this low-cost property on Windsor Dr, Saint Marys, OH, due to its strategic location and market demand.

There's a few other things to think about too: 1 - Possible owner financing if he wants to still get a stream of income into retirement at an attractive rate compared to the rest of the market (win/win scenario, you don't need to come up with as much cash, and he makes a little $ on the %) 2 - Consider a post possession if he needs some time to move out but needs the cash up front for whatever reason 3 - Leave all the furniture/junk in the property and you'll handle clean up etc. 

This is a difficult thing to do in today's market. 

Despite the fact that some markets were faced with 200% YOY increases this/last year, there doesn't seem to be a justification for this UW assumption.

As a hard money guy with my finger on the pulse of the lending market I'm always happy to give you an idea of whether the pricing/terms you are being quoted are reasonable.

What are the market rents?

I guess my question to you all is, where have you had the best luck in finding contractors for your projects, specifically in Arizona’s market?

Property is still on the market and I am sure if I can find the funds they would consider me again.The property is going to be a challenge but since I don't have experience in investing I don't know if a hard money loan would work.Any ideas in funding? 

most of the builders that we work with are able to pay more points for the investor than sellers on the secondary market.