That would probably be a good market for something like this.

You can arguably make it work in any market.

@Rajesh Kasturi My favorite MTR market for cash flow AND appreciation is Portland, OR. 

Do to an anomaly pertaining to the appraisal district, the total value of the two lots was divided equally between the lots instead of allocated by market value.  

The only money we have going into the market is in our HSA.

Rich Ng That's good to know, I know people who have had issues in Salem with big differences between market and section 8.

I've also loved learning about the other 10 markets we operate in.I have two big goals.

And yes it sure isn't what it seems, especially in this market.

I find it strange that no one has if it's allowed, but if you are first to market, you are essentially the guinea pig.

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.