As others have noted the number of MF properties in the greater Phx area is low compared to many markets and the number for sale is even lower.

Then compare that with your normal 30-year fixed.

Condos will be your best option when compared to co-ops because only about 15% of co-ops allow subletting.

Basically if there is no "living room" and there are no comparable properties with similar square footage and bed/bath count in your area the property becomes difficult to comp or sell and lenders will not be able to use it as collateral for a loan Excellent point.

Ponts can be built into your rate as well so compare notes with more than one lender/bank.   

Since they can't do each property individually, they use comparable sales to make broad generalizations to determine percent changes.

Quote from @Danae Pitcher: How is everyone seeing the holiday bookings this year as compared to last year?  

I'm looking into purchasing a rental property in the Belmont area of Dayton, OH and wanted to get any insight for this market as it seems concerning that the average rent is higher compared to the actual costs of houses in the area.

Comparing what was promised to what was delivered lacks context. 

With margin trading of 20-25% of initial investment, when stocks market collapses with dollar cost averaging as a strategy  , leverage of the initial investment in stocks, the AAR can be more.comparable to most syndication (compared to 20% down payment in real estate).I have been following BP forums for the last 4-5 months and have spent almost 4-500 hours.