In theory, electronic locks are a great idea since you keep add and keep a master code so ensure you always have access.

That zip code is a good choice because of the airport.

Similar to a home inspection, they go in and check what needs to be fixed on the property per code/safety, then they'll also ask what you'd like to renovate/upgrade. 

So I’m really interested in hearing what areas near Phoenix you think:– are on the rise,– have adjusted in price with the cooling market,– or are good long-term holds where I could also live comfortably.Which areas/cities/zip codes in and around Phoenix/Maricopa county would you target with a ~$400K budget for a house hack with appreciation potential?

But here is the information on this project.House is 3,800 sq ft; 4 bedroom which I may make into a 5 bedroomIs on 5 acres of land, has an inground pool, hot tub, forest on 2 acres and a pole barn in back too.Beautiful city 12 minutes from downtown area also.I will be closing soon and expecting to put $150-$200k into the home.Total Home cost to close: $450kRehab: $150-200kAverage Home Cost in zip code: $485kAvg price home for sale with similar size with land in zip code: Ave Income in zip: $1.4-1.6MAvd household income: $96kI can rehab and flip, but I would like to consider other ideas also. 

Investing in your own city is a cheat code.

The software continuously checks the MLS for properties which meet both the metrics of the treatment organization (Oxford House, for example) as well as our clients cost, income, and ROI metrics, to see which homes satisfy both conditions.For example:-Our clients may want to spend no more than 500K, be in specific zip codes, be buying cash and want a certain ROI.

Verify Section 8 rents before you walk the property.We only look at deals where we already know the realistic voucher rent for that bedroom count and zip code.

The same terminology, "self directed" is also used to describe IRA accounts that are not associated with a banking/brokerage platform and that allow you to invest in nearly any asset allowed by the Tax Code for IRAs - truly "BYOD" ("Bring your own deal").

RUN THE COMPS: Pull rent, sale, expense, and real estate tax comps for analysis to determine if the rents / value / operating expenses / real estate taxes are above or below market (which determines whether it's a good deal or not)-Rent Comps: Pull a dataset of rent comps from similar buildings in the same neighborhood / surrounding ZIP-codes so you can determine whether or not the rents at the property you're buying are under market.