The anticipated appreciation is the main driver in a rental-purchase-hold there. 

Mainly learned my local LA market through trial and error, and now know the price points and zip codes of my market and whats good and what is not.

Of particular interest to me is local, investor friendly real state agents with access to the pre-foreclosure, short-sales and the likes listing off the MLS since this would be my main focus for the time being.I'll provide more details about the investment strategy when contacted.I'd be glad to hear from anyone interested.I wish you all a great day.Happy investing!

Thanks Dustin - I also have my main house paid in full, so I could pull cash out to buy more rentals.However, I'm not seeing good CAP rates in multi or single family properties in Phoenix right now (low supply and rents not keeping up with prices).  

I would avoid teaching topics that attract the gurus.

Before you message me asking why I chose them, it’s mainly for me the price of entry, amount of renters, good purchase price to rent ratio, and diverse economy.

I to be honest don't know if that price is ok my numbers work out great but I am a noob and could very well have numbers wrong.I know normal duplexes in the area sell for 30k less then this but most of them look like they are in need of updates pretty seriously. this looks like it would attract very nice tenants with proper screening granet counter tops excetera.So with me living in the studio I wrote the rents as 850 each so 1700 total my morgage would be around 619 Now taxes are absolutly atrocious in this area 486 ouch insurance I put as 1000 a year not sure if that would be accurate need help there.so about 560 total between the two.

All of the companies have similar systems in place for the most part, so it comes down to who has the best rates and who you get along with the best at the end of the day since they will be your main contact point.

However those are the type of things that make a apartment complex better and attract higher paying tenants as we rent up.Krishna.

My main concern is paying back my investors ASAP.