@Joey BiccumI would venture to guess that anyone in your area who chooses to rent a place to live for $1900/month has made multiple housing decisions about their lifestyle that are unconnected to any sort of poverty they are experiencing.

The prior year I was on track to acquire 10 SFH's, when I made the decision to change direction in order to scale more quickly. 

If you need electrical and/or plumbing, then the individual trades pull their permit off of your permit. 

(MLS Report) This inventory increase may be correlated to the recent decisions of the FED to raise rates.

I am starting to grow my portfolio to a decent number of units and wanted to make sure I’m making a good decision on this topic.  

Hopefully I can get a few more people to chime in before I make my final decision.

What I want to do is to learn as much as possible the market, the house hacks everything so I take my decisions wisely!

Account ClosedYou seem to be in the trade or business of flipping houses. 

Then you will be able to make a decision about whether you can do that and also the cost difference of your time and material vs. theirs. 

Basically, I’m concerned that I’m making a bad decision and it’s going to be hard to rent out a townhouse in the price range of 2,800-3K or worst case scenario trying to sell in a couple years since buyer at 500k+ price points are typically more selective/picky.Anyone else own higher priced rentals in Biltmore area or Old town Scottsdale?