It's not equivalent- It's also the tax code and numerous cases supporting it....you don't really get to just "think outside the box". 

@Jay Gousman @Shaye Mann You both have numerous investment options/strategies in the Phoenix metro market, so many in fact that it can be overwhelming for new investors to narrow down what they want to do.

Most streets are laid out on a grid, and all the major ones running North/South are alphabetical one way and the East/West are numerical.  

I posted numerous times about how everyone and their mothers are in the game with the rising market, I got to auctions and there is like 100-200 people in Bergen County just driving prices to crazy levels... if it's not the prices being driven up, the bank wants something totally ridiculous. 

If you are passionate you can make time and there are numerous ways to obtain financing using OPM (other people's money) so that should never discourage you.

In my opinion, after Katrina, two big factors led to the quantity of foreclosures, and I believe neither will have nearly the same impact in Houston and surrounding area.1) A substantial portion of New Orleans' population left and has never returned.  

Based on my google maps street view that was updated six months ago, it appears numerous pickets are missing at random intervals.

There are numerous investing opportunities in Scottsdale including single family homes, condos, townhouses, as well as pockets of 2-4 unit multis in prime areas.

Virginia;MilitaryBackground StoryI bought a duplex in November 2016 in Virginia but after I bought the property I hired a PM because I had to move to Mississippi for 9months and I had nobody in VA to overlook the property and collect rentI inherited 1 tenant and my PM acquired the other side.Predicament (because I'm nervous) & QuestionsPredicament I want to get rid of my PM because I want to have the stress of being a Landlord with small quantity of Units so when I acquire more units in future and hire a PM I will know everything there is to know or at least enough to not get toyed around and taken advantage of.Ive read Brandon Turners Book, For dummies book, Virginia Landlord and Tenant Act which were beneficial.

After listening (and continuing to listen) to numerous podcasts, and watching several webinars, I decided to upgrade to PRO membership.