Rental investment in buckeye AZ

2 Replies

Hello, 

Im a first time investor living in california, I have an opportunity to purchase a SFR in Buckeye AZ for well under market value (Tax lien sale essentially buying out my partners) the house is a 2005 4/2 new flooring and paint. i was wondering if anyone had insights or experience in the rental market, vacancy etc. and if this would seemingly be a good purchase or if i should take my profits and invest in other market. Sale about $140,000 and median rent is $1250. Appreciate any feedback