I can be on the road and halfway to Texas before the masses that can travel make it from Riverside & Temecula to Phoenix and overwhelm the services here. ;-)

Many people including YouTuber's and successful podcast hosts have been storing cash waiting for a new downturn.

A slumlord describes the landlord who doesn't maintain the property up to building code and habitability standards, and who doesn't respond to tenant requests for service and maintenance.The location of the property, amount of rent collected, value of property, or income of the tenant is NOT what defines a slumlord.

My husband had been over there to meet our HVAC guy for servicing the units before summer.  

The main advantage purchasing an existing facility provides is some income while you are stabilizing the property; even if the owner only has 30% occupancy, that's better than starting from scratch with debt service payments.

Most of them book aren't visiting for disingenuous intentions to steal from the neighbors, Airbnb host, and such. 

Even if you are in a smaller market there are multifamily brokers that will service your area.My biggest caution to you (agreeing with @Troy Ramey) would be to make sure that you do not have any real estate agent or commercial multifamily broker exclusive to finding deals for you.

streeteasy.com is the best NYC listing service. 

This helps to elimate service being cut off and then going through the hassle and expense of having them reconnected. 

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