I'm in Canada, but we go through a lawyer (or notary) when purchasing or selling a home. 

Purchase price: $2,400,000 A beautiful home nested in Paradise Valley Arizona.

You can afford to take on that debt which might be higher than the home is worth as it stands because the payment is possibly LOWER because they may have a LOW interest rate you cannot get anywhere near today. 3.

Initially I was planning to use a mix of cash and stocks to fund this purchase, but now having the second thoughts whether I should use  just some cash and apply to some home equity financing options instead to cover the offer amount. 

I got into a mobile home on 3 acres in suburb of Tulsa ok, the owner quit claimed deed to me and we signed a contract that I would rehab and sell at that time he gets $60,000.

Man focus now is to improve analysis of properties.

Revenue (rents) have not caught up to the value of homes OR, what I believe, value of homes have outpaced rents.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

If you go with a standard home, nothing fancy, probably around $200sqft.

I noticed there are a few single families and foreclosed homes in that area as well.