All Forum Posts by: Ryan Rossi

Thx I appreciate it! 

I am in the Air Force and I am stationed in Tucson, AZ. I just got orders to re-train and relocate. We bought our house for 165k in November of 2016 and now we are being forced to sell and move away. We are not wanting to rent the house out because it won’t cash flow. We listed it a few days ago and already have 3 full price offers at 185k. They even are going to pay for closing cost and home warranty. When we close we will end up with about a bit over 5k profit on the house. What kind of taxes and or exemptions will apply in my situation?! I haven’t found anything for this situation yet. 

I'm going to do some more research on the hoa portion. But I had figured 5% vacancies a month 5% maintenance an 8% for management. Are those percentages too low? Thanks for the quick responses!

I have been seeing some single units pop up here and there. (Condos?) I'll post the links below. I know the area pretty well and know what the rent is like for units in the area. Seems like almost a 40-50% cash flow a month. Is this type of investment something you guys/gals would consider a first good rental property? Here are a couple https://www.zillow.com/homedetails/1600-N-Wilmot-Rd-UNIT-194-Tucson-AZ-85712/8527875_zpid https://www.zillow.com/homedetails/1600-N-Wilmot-Rd-UNIT-410-Tucson-AZ-85712/8527904_zpid

Hey guys and gals me and my wife are looking to meet some new like minded investors in the Tucson area! Anybody currently active? Who has experience?