These allow you to finance multiple properties under one loan, which can be way more efficient than getting individual loans for each one.

The potential is there but you have to buy a new house to get it.

I've relocated to Phoenix AZ to be with the remainder of my immediate family but will be investing here or somewhere close by like the Tucson / Oro Valley areaBut I can't wait to get back to it.

As far as saturation goes when the boom was hitting we started seeing regular homes and even mobile homes get converted to “cabin/chalet” rentals.  

Mililani is a really good market, so getting a fixer upper property at a low end will be harder.

Few more points:Their lease is valid till May 2025.This is the first time she even told me about mold.In the email she did ask me to settle the lease.I have a little less than a month of rent as security deposit, which I am ready to settle without any additional penalties for abandoning the property.At this point I am okay with her leaving the place, just I want to get the control of the property back to fix the mold issue.History:1) Recently the AC has been replaced and after that there was some intermittent issue with the installation (temp doesn’t reach target intermittently) and I had to call the tech back 5 times to finally get it resolved.2) Also last month I replaced electric range with Brand new Electric range.3) Two months back she said the refrigerator was leaking, I asked her to send picture of the make and mode of the refrigerator, but I never got a reply back.4) Also for last 4-5 months she has been asking me to send her 5-day notice so that she can claim reimbursement, I was sharing a document and she was paying the rent a little late.

Would like to get some feedback about your experiences with them as I've heard nothing but good things. 

We are looking to get more cashflow in because if we have more kids, we might only rely on one W2 income (and more on the income from the rental houses).

Your pre-approval is enough to let your agent know that you’re financially ready, and is primarily what they’ll be looking for.

The terms of the financing (interest rate, balloon payment timing) need to make sense for your exit strategy.I would recommend getting a detailed inspection to ensure there aren't any major issues you're overlooking.