It used to be a long way from shopping, etc, but Goodyear, the city next door, has also blossomed. 

Normal late fees for late rent needto be revised to $50 or $60 late fee cap.Eliminatethe winter eviction ban.Eliminatethe school year eviction ban.Eliminatethe crazy First In Time policy of having to accept the firsttenantwho qualifies – very unusual and not seen anywhere otherthan Seattle.Eliminatethe "roommate" ordinance that basically allows tenant tomove in ANYBODY by having a cup of coffee with them and calling ita "date" then moving them in as "family" withno recourse for the housing provider.

Then 85254, which is further north and close to the TPC Scottsdale (home of the Phoenix Open) and shopping like Kierland Commons and Scottsdale Quarter.There is also a Facebook group for Scottsdale STR operators, which a few of my clients find helpful.Let me know if I can answer any questions for you.Melanie

Excellent location in Mesa.I shopped around and I found a mortgage broker who was able to get me a 6.99% rate who took the loan to UWM (united wholesale mortgage).I negotiated a $15k seller concession I used for a 1-0 buy down so my rate for 1 year will be 5.99% and then revert to 6.99% for 30yrs. and then we used the rest of the concessions for closing costs. in 6 months or 12 months I will revisit to see if mortgage interest rates dropped significantly to justify a refinance to lock in a lower interest rate.part of the approval process for the Fannie Mae 5% mortgage is to make sure that i could afford this property and that i have good credit, my income is consistent and stable and it reflects that on my tax returns, I have sufficient capital reserves for the subject property and my other 10 Multifamily properties (6 months of PITI for the subject and then it's percentage based off of the loan amounts and how many properties you have)I agree, the more that government "helps" they therefore are increasing pricing.

(Or keep shopping?)

Does anybody know of any good groups or any folks familiar with the local market interested in grabbing a coffee or beer sometime?

Alex:  Most of my clients start seriously shopping for the replacement property about the time they have a PSA on the relinquished property or perhaps after the earnest money goes hard on the replacement property. 

If near me we can get a coffee.

I live in Fremont and wondering if we can meet for a coffee sometime? 

I would shop other lenders?