Curious to hear your thoughts whether investing in such a property would be a good idea.

I’m Srinivasa Subramanian and I run a property management business in Central Maine area. 

I’m currently a wholesaler, but I’m looking to buy my first investment property/house hack in the Phoenix area.

Because the Property Class dictates the Class of the tenant pool that the property will attract.The Tenant Class greatly impacts rental income stability and property maintenance/damage by tenants.Both Property Class and Tenant Class will affect what type of contractors, handymen and property management companies you should target and be willing to deal with a property.The Property Class will also impact the maintenance & renovations you do to, “Maintain to the Neighborhood”.Why is that important?

  $100k liquid cash will get you $400k property leaving you with zero left over OOS

My plan is to hire a property management agency to get me my tenants and then I'll take over. 

If you’re considering making an offer on a property with tenants you’ll be inheriting, it’s a smart move to set your closing date for the middle of the month.

If true, try local rags, church newsletters, signs,etc.Why are you concerned about "privacy" when trying to rent out a property?

Without overwhelming you with options I would start narrow down what is less risky and still give you a stable income from the rental unit + some future target for the next property. 

You’d need to look at the property as a whole rather than just one unit.