Everyone has agreed that the home should be given or granted to my gf since weve lived there with her mom for the last ten years.

I ended up purchasing the condo and just finished renovating it over the last week.

The Phoenix rental market is tight, we have zero vacancies of properties we manage and have been able to raise rents almost across the board the last few years.Why do you think it's taking time to rent your units?

Last I spoke with a mortgage person they said I either needed experience in investor new construction or it had to be SF for construction.

@Gerald J Flattmann III Hello, I service the San Tan Valley and Apache Junction area for investors and provide Property Management in the same.20 years in Arizona, all residential in the SE Valley with the last 6 as Property Management.I manage everything from single family to 12 plex at this time.

The bank reneged on funding the last part of the loan which would have funded completion of our septic system/grease trap installation thus allowing us to open our on site bar/restaurant & expand the RV park. 

This is just one of the many reason property managers are great to have for your investments, I'm one so a little bias on this last part.  

Second, if you are a sub-to buyer, the last thing you want to do is to bring attention to the arrangement.

I am getting only 1.5% returns without taking into account the equity building portion.Mortgage tax write off is 0 as I currently pay mortgage on my primary residence.I have used this property as my primary home for 2 years in last 5 years.

His assistance was imperative this last year as I purchased my first building and I needed fast assistance estimating my tax returns.