Below are some of the points I wanted to understand about the Phoenix market.

@Armando Gonzalez please see post below...hope you can make it to the meetup!

From what I've noticed, once you dip below the 600 dollar range the quality of tenants drops off pretty quick.

Lofts, warehouses, they are all good options if you can add retail down below and rentals up above.

I found their value to be lower than the amount that I wanted, but it bypassed a roof inspection when we had roof issues.  

I was living way below my means to save for my first rental... then my girlfriend found out she was pregnant and my 65k saved for a rental went into a down payment for our own home.

You will have to live below your means and struggle but the struggle is worth the long term gain.I house hacked a house, then bought a duplex and house hacked, then bought a condo.

The rents are below market, the current owner does not charge any rent for outside parking spaces, the parking garage rents are below market rate, there is a beautiful unit being used as an office that could command $900/month, storage fees are not implemented, water is being paid by owner, etc.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

The are houses under 200k, with taxes just below 6k.