Yes, Phoenix is safe to use 3%.

It then developed to $1800 rent for a $530k house 16 years ago. today, a $1.23 million market price house (1800 sq ft) is renting at $3500, and still have demand.

We have two other projects, one in Houston and one in Mineral Wells, that will require similar heavy lifting and infrastructure development.

I am in the process of procuring financing for a small new development / new construction project for a fiveplex, located in an Opportunity Zone in Denver Colorado.

I am in the process of procuring financing for a small new development / new construction project for a fiveplex, located in an Opportunity Zone in Denver Colorado.

Unless the circuitry is overloaded, a fuse panel is safe. 

It's a safe, quite area, and the rent in the area for the size home is 1200-1300.

It is definitely a bad neighborhood as it stands and the current tenants of the efficiency are without a doubt crackheads on section 8 housing, but like I said, it looks like the city has been putting money into the neighborhood and the developers are flocking as the downtown area expands.The buyer listed the property for $235k, I originally offered $220k and we came to an understanding at $230k.

I like the price point for purchase and the neighborhood is safe and appreciating.

How is the JC Heights West Slopes and is there lot of development going on at this time?