For instance, FHA guidelines are very strict and restrictive when it comes to using departing-residence rental income to qualify for a new FHA loan (such as the 100-mile rule).

Rent for Retirement (@Zach Lemaster) specializes in new build surplus from major home builders, many in Texas.

However I've seen 1 bedrooms go for $1800 in the nicer part of the city, so this is for the majority of the C+ / B- apartment houses in the area. 

Also, real builders/experienced developers will often have a true technician, i.e. a civil engineer, architect, real estate attorney et al at least glance at the property info to make sure there are no major red flags.

Majority of our non payers failed to prove they had any income disruption and are buying new TVs bikes, you name it.

I am not looking to make major improvements, but I am looking to enter and secure it.

However I have had to replace some major appliances recently which had put my in the defecate and added to my motivation to sell (Hot water heater, two refrigerates and a washer/dryer).

AZ is not prone to major natural disasters so investing there is less risky with regard to those types of setbacks.  

Areas of consideration:- Rehab to Rental- Flip to Public Market- Wholesale (If the deal comes with major equity and ROI incentives)If you are interested in joining the team, please respond below or connect with me through Bigger Pockets.Best regards,Drew Hantla

Quote from @Ben Trageser: I would recommend calling the zoning department of the town and asking.