Recommend you first figure out the property Class/Risk you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I bought my first rental in Mesa, AZ and am looking to buy in that market again for my next deal. 

In our area you also see a lot of rentals specify academic year, first semester, available until x date. 

I discounted my offer substantially based on the major problems described - no documentation or invoices for any work done (so I can't take from previous tenant security deposit now, a primary requirement in the first place) some very vague descriptions of work done, certainly some padding somewhere.

The growth that comes from the knowledge gained through classes, conferences, and networking with industry professionals is far more beneficial than occasional referrals.

HI @Mike Morgan, I may take you up on that; what's the avg. for 3/2 SFH's in B-class neighborhoods there?

And then use the $2400 from my first rental towards my 2nd house mortgage?

Hi @Denise MacDonaldUse this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onhttps://www.areavibes.com/Here is my rating & classification for each livability score. 80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F

Purchase price: $145,000 Negotiated 30k off of ask to increase clients margin on his first flip.

First, the zoning rules vary widely from one town/city to another regarding set backs, minimum size of home you can place on a lot, etc.