“Sourcehttp://justicecourts.maricopa.gov/CaseTypes/eviction.aspxOur experience regarding a tenant from hell:Overall our experience with tenants has been agreeable and often pleasant but in dealing with a large number of rentals you will occasional encounter the tenant from hell.

I've never been there but I'm somewhat interested in the town.To be clear on my goal, what I'm looking to do is buy an SFR and then in time move out and rent it out.

@Andres Moralesstarting investing at your age - heck even thinking about investing at your age puts you well beyond most of your peers- you may not be there by 21, but be patient, you will reach your goals in time - Good luck to you! 

Wealth isn't measured in dollars it is measured in time.

Its snap shot in time of a ratio.Cap rate is just the Net operating income/Current Market value.The Current Maret value on a rental (or any investment) is valued on the current value of the discounted value of future dividends/earnings. 

My son almost passed out, my daughter and wife both fell ill and the internet installer is lucky to be alive. ( I have a recorded statement from him explaining his symptoms).I spoke with the seller and he is basically calling it my problem in not such a pleasant way.

At this point in time it doesn't sound like you are asking about becoming an investor (maybe we will lure you to the dark side later)! 

But now if I could go back in time, is there something I could've done to save the deal?

If you want to sell a property at any point, you may not be able to deduct losses or release certain parts of it because that election was made at any point in time.

Francesca,I am a local and know the market intimately.