Are opportunities like that in Arizona scarce considering the growing popularity in real estate especially around Phoenix? 

Maybe if you finish everything, but by that time you're all in somewhere in the mid to high 400's, and remember the 5 years worth of payments at $1600 / mo.Lack of future appreciation - I can't imagine you're going to get another 60% appreciation over the next 5 years with a new build.

But that doesn't help the OP since the majority of closing costs are from a lender, they are much less when there is no lender due to a cash purchase.OP, I've bought houses as much as 500K and never paid more than 6-7K from what I remember.

Hey all! I’ve spent the last half a year reading the books, scanning through all of your posts and thoughtful responses, and listening to way too many podcasts. I have a small condo in San Francisco and I have officia...

.- Maximize our 401k contributions each year, and assuming 8% return each year, our 401k portfolio will grow to 1.6 million.- Result = 3.1 million asset + 2500 monthly passive income• Plan B = Plan A + Home Equity Investment- Buy one Multi Family rental property in year 1 ($250,000), and pay off this rental property in 5 years.- With more Home Equity available, I can buy 3 more rental properties in year 6.- Pay off my existing Seattle rental property in year 10.- With house price appreciation, I can buy additional 3 more properties in year 10.- Total Income: Seattle property 2500 + CT rental properties 7*1100=7700 = 10200 - Result = 3.35 million Asset + 10,200 Monthly passive incomePlan C = Plan A + BRRRR:- Buy one Multi Family house a year using BRRRR Strategy. ($250,000)- Repeat this process 10 times in 10 years, then I could have 10 houses in 10 years.- The advantage of this strategy is that I can use my $250,000 LOC over and over.- The disadvantage of this strategy not able to find appropriate deal or not able to refinance.

I am not an expert and I am still learning and growing.

I am loving this millennial couple.But the parents were previously contractors- so they had an eye, and so did the kid growing up around it.I handle everything myself- so it costs me zero to list it on Zillow when still working and updating the pictures as I progress.

One CAN figure out approximately how much a property sold for even if it's not listed in the records:  extrapolate the transfer taxes (state/county/city) and multiply out.Just an aside:  I remember back in the day when the appraisals were coming in short in an appreciating market (something like we have today) we would ask the buyer to pay MORE money for the transfer taxes (no law about not paying more taxes) and it would help show a higher "sales" price and help 'push' up the comps--not recommending you do that now--much more data available for all eyes.But I would recommend that you buddy up with a like-minded realtor, and work out a mutually beneficial arrangement so you can get the info you need, and they can get listings, sales, referrals, etc, that they need.Better yet, get licensed yourself and get to know the business from the inside out!

My "reserves" are actually invested in equal parts cash, long-term Treasury bonds, the total work stock market, and gold, which is a very defensive asset allocation that should theoretically hold its value and likely grow in just about any economic environment.

Remember the IRA is a separate entity from you and from the LLC.