@Brett Denner, that's not a bad location, close to Pike to zip through the back way to the Diagonal and on into Boulder.

In Phoenix I pay: Paint $1/sq ft18" tile on diagonal $4/sq ftGarbage disposal $60Ceiling fan $40You can get a second quote if your PM has a lock box at the house. 

I don't know when the practice changed, but one unit of mine that I know was gutted about 1950 had diagonal 5" TnG sub under 2.25" oak.

Changing the zoning is tough, not likely unless you are developing a bigger project or parcel is out of zoning parity with surrounding properties.You can use the FHA to build but up to a certain loan amount total, purchase and build.

The owner of the house diagonally located owns the property on the other side of the house so our road access is really his driveway, essentially. 

It means my property won't appreciate as I'm already at the top end and competing with homes in other neighborhoods.Consider staging that dining room, the diagonal tile is pretty busy, but nice, set it off or balance it out with furnishings.

Now, key point is the market's are so close that cost of tangible goods, lumber, roofing, etc. is in parity.

We are now back at parity, and are moving on for our next single family deal.- Looking forward, I would like to close on 3 single family homes this year, or (preferably) one single and a multi.

We identified 6-8 key metrics that we are evaluating (Population Growth, Landlord-Tenant Friendly, Cost of Living Index, Regional Price Parity, Average Rent, job Growth, Rental Vacancy Rate).

If you are under market at U %, and the market rates are increasing by M (in %/year as a decimal), and you want to be at market parity in (Y) years, you can figure your desired annual rate increase (R) using this formula:  R=-1+(((100/U)^(1/Y))*(1+M))        I'll leave it to you to check the derivation from your starting point (A=P*((1+(r/n))^(t*n)) where t is in years, n is the compounding frequency in years, r is the rate, P is the initial and A is the final values.