If all you're thinking about is saving money versus making money then be careful not to get completely wholesaled by an "investor".

Planning to purchase in Phx,Az and surrounding areas, my equifax score is 700, experian 645,no debt whatsoever, have 1099 for 2022 and 2023 (required 2yrs), on my 1099s it says i make 135k per year, do not have tax returns (yea, yea), im planning to first start with my bank wells fargo.This would be my first home and at 1st plan to live in it, possible house hack, going for a -$300k loan. should i go traditional, fha , i plan to be on a fixed rate so I dont get surprises later on.In my situation, what down payment amount do you think will be needed .

Does HOA have loss of income insurance or some fund to make up the losses until owners get property rehabbed or built?

Will the case worker share whatever I communicate with tenant therefore making a difficult relationship potentially worse?

We always perform a proforma before making any offers.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.There are over 20 real estate accountants on this site.

But there is light at the end of the tunnel if you can make it through.

In Iowa the law was just passed that makes assigning contracts as a business model Illegal and the closing attorneys will not close those.This was a Wholetail deal  IE buy it trash it out and sell as is.

My investors are friends of mine however and will not be very active as i have informed them that i (as the general partner) will be making all the decisions. 

Therefore, it did not make sense to foreclose on these assets, nor keep them at a surface.