Arizona - Areas to buy & Hold
Hi Everyone!
We are new to Real Estate Investing - I live in Arizona - North East Phoenix Area. Our goal is to buy a Single family rental; 300K or below, 25% down. I have been looking in my area and the monthly rents appear to be .6% of the sales price. Are there better neighborhoods in the greater phoenix area that has a better Rent to Sales price ratio? - Closer to 1%? Thanks!