Phoenix Sweet Spots

[Derek Petersen]

I wanted to post a question to all of you that know the phoenix market well. I currently own a tri in Sunnyslope; it performed moderately well considering I went through all of the tenants in the first 9 months that the PM had placed and had to evic one of three. Let's just say I'm hoping for a better year in 2014.

That being said, I would like to add several more Phoenix mf properties (2-4units) this year. Can anyone throw out some areas that have potential upside but most importantly cash flow (between the 1%-2% rule)?

Thanks