Personally, I would never live in PHX, but that is all personal biases (I prefer seasons and greenery), and clearly lots of people choose to live in PHX.At the end of the day, I would argue market selection almost only comes into play when you are talking assets that cater to institutional buyers that have to get investment committee sign off. 

There's a property that was previously an STR that would love to talk to you further about. 

Nevertheless, John walked out of the courtroom after the verdict was delivered, walked by his car, continued walking and has NEVER been seen or heard from again!  

Always meet in person:  This will give you a good idea of the person, if they're smoking a cigarette while talking to you, or being very negative about their previous landlord make sure you make note of that.4.)

JordanI’d recommend talking to your lender.

That may keep your cashflow the same or even lower it a bit, but you have 4 assets that are appreciating instead of one, 4 mortgages that are getting paid off by the tenant, depreciation and you diversify your risk in 4.Regarding the tax question, you may want to talk to your CPA about that.

Let us know how we can continue the conversation!

Therefore one of the most undervalued skills is the ability to continue to earn income independent of the real estate performance as you scale until the real estate alone becomes sustainable.

All very unethical and sometimes charges are filed just to stop someone from continuing an unethical practice even though the underlying charges are not enough to win at prosecution.

Unfortunately due to the business you choose to operate incidents like the one you experienced are more likely to occur compared to a property that's continually occupied by a tenant where the water would more likely be run at a higher frequency which would prevent the pipes from freezing.