Basically what it sounds like you want to do is be a property manager on the property which is cool but a property manager isn’t on the hook for a grand a month if the unit is empty.

Do we take that 80 grand and move down there and do a house hack or do I take that and pay off my HELOC. 

The 50 grand in equity you have?

Pool Renovation $17,302 1) Pools resurfacing for 1 pool at Villa Roof replacements $47,525 1) New Roof for Westers2) Roof improvement for Cumberland to eliminate stagnant water Security Systems $9,458 1) Camera monitoring systems - 16 Channels Signs $10,000 1) Temporary Signage for the property Water Heater replacements $31,314 1) 3-4 Water Heater replacement for the property Grand Total $1,348,741See below pictures to see before and after.

Like the six grand I spent a few years back replacing a sewer line. 

@Mark Smolin don't forget that Colorado is a very big state and there are actually great places not on the Front Range... starting with Mesa County / Grand Junction.

Hello,Would any of you be willing to provide some contacts/brokers, whom you have had positive experience with, that invest in or list properties in the West Valley of Phoenix, specifically Mesa, Apache Junction, Coolidge, and Casa Grande?

I got a good deal so I'm going to ride this out and hope it doesn't cost me more than a few grand :( 

I'm from just north of Grand Rapids,  MI. 

Insurance covers that , but there goes 2 grand in deductibles .