I will be adding a loft in one of the bedrooms, pavers on the outside patio area to relax, grill and play games.

The place is probably worth around 650,000 so there is a big equity play also.

First at 21 years old , 1 rental property isnt gonna make financially free , not even close .

Great play, becoming a bigger and bigger fan of this considering the cost of old inventory. 

Feel free to connect, always happy to help!

For example:Contractors can help confirm renovation costsRealtors can help you estimate ARV and post-renovation rental ratesLenders can help you understand financing and loan costsAppraisers come into play once you’re under contract and need a formal valuationYou can also partner with someone who takes the active role while you remain the silent partner, but you’ll want to make sure the profit split still gives you a return that’s worth your time and capital.If you want to talk through options, feel free to DM.

In terms of value house hacking plays near Scottsdale, I'd recommend west Mesa, mid-town Phoenix, or Tempe in that order.

No heavy rehabs.Use private money or short-term capital to acquire them.Structure that private money to be paid off within about 5 years - smaller loan, faster payback.Then sell the property on terms using seller financing with a 30-year note to a family who wants to own, not rent.The buyer makes fixed monthly payments for 30 years.After the private money is paid off in year five, the income continues for another 25 years - steady, predictable, and debt-free.In simple terms:You’re financing like a car loan but selling like a mortgage.The result is a portfolio of free-and-clear homes that still send monthly payments for decades, without renters, maintenance calls, or refinance risk.Why it works:Shorter debt horizon = faster path to financial freedom.Selling as-is means no rehab costs or turnovers.Owner-occupants take care of the property.Payments are consistent and long-term.It’s not about leverage.

Inexperienced operators are.A 30K to 70K house is not inherently unstable.What creates instability is an operator who• buys the wrong street• uses retail-level rehab assumptions• ignores the local payment culture• underwrites like a bank instead of an operator• or treats the price point like a shortcut instead of a disciplineWhen you know how to work in this range, the dynamics change completely.Payment consistency improves.Margins widen.Predictability goes up, not down.The price point is not the risk.The risk is not understanding the game being played at that price point.Most investors avoid moderate-price deals because they assume the volatility is baked in.What they miss is that the volatility often comes from the operator, not the asset.That is the part nobody talks about.And it is why the best opportunities are usually hiding in the places most people walk right past. 

Should I play it safe in A-class markets or take a chance on a C+ market with promising growth indicators?”