great question @Michael Nieves  sounds like you need to spend time on figuring out your goals and your Why.

Figure out at what price your buyers are a "yes" and present that number to the seller. 

@Robert Shelton I'd also encourage you to maybe try to figure out some zoning/permitting restrictions to that before you do it.

(Tech works earning 6 figures+ or is it more of blue collar type)What does living in San Tan or comparable areas feel like (Eg: Does it have good hospitals, parks, schools, well maintained roads etc?

What you've got to figure out if if this increased tax bill will be more or less than the higher payment over time on a mortgage at 7% or 9%.- Income from sources that can't be used as mortgage-qualifying income can of course certainly be used as assets for additional down payment.

I figured I would legally have to charge the LLC a management fee if I wanted to get paid for managing.

I figured I would post a property I'm viewing and get a little bit of feedback from the community.

My recommendation, try to figure out how to finance a property from the auction, AND line up a financing option in case you come across something from the MLS or FISBO.More options and hopefully that will translate to more chances of success. 

Next if you think you really want to get your hands on "that" house go drive up to it and stay in that area see who is walking it, what is in proximity of it and you will figure out who is going to be your potential tenants.

Engineering quotes were outrageous for creating the plan and if I understand correctly I don't think they are rocket science.The founder of Spanx was able to figure out a way to write her own patents, so I'm hoping I can figure out how to create my own storm water management plan for putting down a basic gravel pad.Thanks everyone!