More people moving to a city is more potential tenants. 

Wholesaling works different in different cities, people will come on saying get quotes and all this but in Phoenix you have to move extremely quick if it's a good deal.

I'm in a small town so the people aspect is a huge consideration. 

This is not my area of expertise, so wise people on this website will likely tell me not to venture into this!  

Then when you have enough money for the 3.5% down, buy a place that you can live in and rent out spaces to other people. 

Personally, I would never live in PHX, but that is all personal biases (I prefer seasons and greenery), and clearly lots of people choose to live in PHX.At the end of the day, I would argue market selection almost only comes into play when you are talking assets that cater to institutional buyers that have to get investment committee sign off. 

Most people are going for 3+.

Hey Bugger Pockets Community,I just finished reading Brandon Turner's book on investing with little to no money down (amazing book btw) and I am interested in knowing what are people's experience with MLO's and seller financing.

Prioritize your financial stability.

It is to get you to reduce the amount of time you waste looking at deals and knowing what is good and what isn't good for a deal.You'll also need to know the area comps, are people putting in wood flooring or LVP etc.