Find comparable rentals on various websites.

They don't care about the 20 year old HVAC unit or a 10 year old roof.

I'm going to follow this to see what tips folks provide.MikeHey Mike, I am actively investing there so feel free to reach out with any questions!   

I don't live in CA, and wasn't aware of the Prop 13 passing to the next owner if it's parent to child and both live in it as their primary.

That does not require employment or job seasoning instead it uses the rents to qualify and you can take out up to 80% LTV cash.Use the cash to put down on the next 1-2 or more properties as long as the other properties are debt servicing themselves it opens up more opportuities to buy more future assets and increase your passice income.  

With that said Phoenix had one of the highest home price declines in the last market down turn.  

Current timeline to purchase is probably 6-12 months as I start narrowing down and visiting some of the places to get a better idea over the next few months.

What you can require legally changes depending on your location. - If you make the above clear in the listing, you will immediately get fewer applicants.

Happy to be part of the community

It makes the property pop from the street.