Tucson Multi-family Rental Investments, best areas, trends
Hi fellow BP readers!
I am a new rental investor in Tuscon,AZ interested in multi-family homes. This post is really meant to help me gain a firm grasp on the rental market here. I'd appreciate any information that will help me understand the area better. Some of the questions I have are:
1. What are the employment trends of Tucson? Do you see more people coming in due to increasing job opportunities, or are more and more people leaving the city for better prospects? What is the turn over rates for employment, are people coming in and switching out faster and faster than previous times?
2. What is the best area to invest in? I'm currently looking at a multifamily in the Corbett area of the city, does anybody have info or trends for this area?
3. Any general Tuscon, AZ long term advice...
Thanks!
A newly motivated investor