You're only as strong as your weakest link ... select your partners wisely. 

And I also strongly suspect it's never been cleaned before. 

and modern codes. strong demand and I can see why given other markets.   

In my opinion, the most important thing is to build out a strong local team (realtor, property manager, maybe contractor depending on your deals).

ManageCasa is affordable and is very strong on the accounting side, you can automate everything and it's cloud-based.

I would strongly encourage you not to buy solely based on cap rates.

I really only purchase rentals that will cover themselves as well as cash flow which helps when the market changes and would strongly recommend doing the same. 

I'm excited to joining the community, hope to create some friendships, build my network, and work together to build strong lives for each of us!     

While I respect the opinions above, I think it is important to also point out that the advice provided is one persons opinion and advice, as strong as it is presented, it may or may not be best for YOU.

AZ is the most affordable of those two, as there are strong markets like the Phoenix area that have a wider price range.