Hey everyone, so I’m moving to fresno to continue / start my schooling face in my life.

My best advice is to just continuously keep reading.

I know throughout the country CAP rates vary and Arizona certainly doesn't have the best CAP rates.

BP has been, and continues to be, a big help for many of us as you are finding out.

I am going to continue to offer it even though this deal fell through.

If, after the Leaseexpires, Tenant remains in possession of the Premises and continues to pay Rent without a writtenagreement as to possession (and Landlord accepts such Rent), then the tenancy will be regarded as amonth-to-month tenancy, at a monthly rental of $3250.00, payable in advance, and subject to all theterms and conditions of the Lease.We have given more than sufficient notice and we will not accept the rent payment.

If things go well, I'd like to own 4 units by the end of 2018, and continue to scale from there.With the above in mind, I'm analyzing as many deals as I can and would greatly appreciate feedback regarding the below property (whether you feel anything is missing, your thoughts on the returns/cash flow, etc).

I would continue buying in the market of your first rental

I believe this is largely because they don't have to cover a gazillion dollars of personal property that they are making me insure.Rates can also vary based on your credit and claims history. 

Welcome and I look forward to your continued success!