From what I can see, they used to buy, fix-up, & sell properties in the Phoenix area.

In a few years I'll be a rental property tycoon, but should probably get a job first to fund my RE business.

My initial plan is to live in one unit of the first property and rent out the remaining three.

There are more factors to consider here but from a surface level, it seems your $ will go further in another market or perhaps locally with a different property type (i.e. small multifamily).Lastly, I like @Andrew Jennings Freerks' point regarding claiming hardship or another workaround for keeping your unit as a rental.

Sounds like you have a good understanding of the strategy.I normally work with clients by giving them a price range of a property they need to buy to get to their desired tax bracket.Best of luck.

I own a couple of investment properties, Short term and long term and have sold a couple.

I'd recommend just listing the property on Zillow and other similar sites.

From my experience, security deposit reconciliation is one of the easiest ways for landlords and property managers to end up on the wrong side of a lawsuit.

Hello BP,I’m interested in exploring investment property opportunities in areas like Troy, IL, and Cleveland, OH.

We try so hard to make our properties wonderful and somehow they will still find BS.