This is not in the best part of town although it's getting better. 

Property transfers are slowing down, home flips are inflating figures at unjustifiable amounts, and quite frankly, Phoenix is a place where when a recession hits, companies start cutting jobs in backoffice functions first, many that reside here in town. 

We live on a dead end, in an up and coming city with lots of building going on, a brand new high school built and will be done some time this year, also is less than a mile away from us and close to in town but not too close.My neighbors house was sold this past Dec.

I have money to invest but will explore other options to finance.

This was for a 6 unit in the south towns. 

The major cons include high property taxes, difficulty finding positive cash flow (especially when using property management), and slow rent growth due to, among other things, rising supply of multifamily units being developed all around town.

I registered with List Source but it was only showing a total of 10 properties in the town I live in.

when did i have to call the town or county or state inspector Before i am starting to work on it or before i am planing to put in tenants?

A 2/1 950 sq ft house that needs a complete rehab and in a bad part of town just sold for 170 cash.

The only place I have seen these is in bad parts of town where prostitutes used these by the hour rooms.