The Phoenix Metro Area has about 300,000 snowbirds every year with a MAJOR fiscal impact:https://www.bizjournals.com/phoenix/news/2017/07/17/this-country-s-tourists-contribute-2-4-billion-to.htmlSo the county's leadership would have to be absolutely in career suicide mode to push for something like this.

The reason for this is that the next decade will be a very low tax era.

There are a gazillion reliable lawn care providers in Texas metro areas, so prices are generally on the low end from my experience.

The rents are low.

My research has brought me to density bonus for low income housings.

I like the Lowe overhead I have with these types of properties.

You can get a nice house with low vacancy for around $60,000 sometimes even lower. and those can rent out for $600 to $700 dollars.

I don't know tax costs or anything about the property or property management costs in your area etc so do not take these numbers to mean anything... but lets just say a 4-unit in a desirable area with $4400 monthly rent under one roof/structure/lawn, maybe it could be as low as 40%... $52,800 annual rent, $31,680 NOI.... 

I would absolutely not recommend purchasing in some parts of Cleveland as a first time investor because you don’t have people that talk the talk and walk the walk of that particular neighborhood.

It was made up by landlords to describe a property that has had the minimal - and I mean ABSOLUTE MINIMAL - amount of work done to it in order to get a renter.