So it’s not always beneficial to add everyone who will be living in the home onto the loan. usually the lender will prefer you use as few people as possible to make it work. 

As long as you try to purchase/flip/etc. within a couple of years, it can be leveraged pretty well by having the 'experience' of them while being able to utilize the liquidity of the sale of the portfolio.

@Jaden Fein I prefer my local market.

To me it would depend on if it was the last place they lived which would then make it a hard pass to me or if it was a couple of places ago where I would then probably consider it.

As @Chad McMahan said, there are areas in North AZ that are worth considering....Sedona is the Holy Grail, but I had great luck with a couple in the Prescott area.

If someone moves out after a couple of months  I wouldn't charge them for small items but you want to know they aren't there so you can replace them.

These can be anywhere nationally but my presence in Florida makes that my preference. 

I was considering our housing options for the move and they fall into two options that I'm considering: 1) Take out a  $60K home equity loan, and a $50K 401K loan, and dip into savings to come up with 20% down on a primary in the HLOC area.2) Rent for a couple-ish years at $3k/month until we save up enough for 20% downThis is sort of how I've been thinking about it: Option 1Pros:1) Only have to move once2) Appreciation on the house in the HCOL area over the two or two + years it would take to save up the down payment if I rented insteadCons:1) Reduced 401K performance2) Feels a little scary to pull equity out with a home equity loan since I've never done this and it was not part of my initial investment strategy3) Less cashflow from primary once it becomes a rental  Option 2Pros:1) Less stress about 401k and home equity loans2) Better 401K performance3) Better cashflow from current primary once it becomes a rentalCons:1) Two years of rent2) Two years of missed appreciationOther info that might or might not be relevant:  We have two modestly cash-flowing rentals besides our primary.

Worst case scenario you could just buy a carport at Lowe's or Home Depot for a couple thousand dollars.Best, Brandon

I prefer it so much to be honest.