I suspect Arizona has a clear advantage when it comes to affordability.

Saturation, currently there is a shortage of rentals, in a downturn one would expect this to continue as less people can afford to own.2.

What I do may not to be what you're looking for...but I was where you are a couple of years ago and remember the frustration of trying to buy the mid-size deals (25-50 units) and figure out a way to scale after we (my Father and I) sunk quite a bit of capital into one deal.  

Eventually, I'd love to afford the same for my wife who makes significantly more than I do and is definitely the bread winner. 

I’m frustrated, I’m working on paying my sales tax so I can drive my car.

Landlords will be allowed to look up a prospective tenant on the state’s sex offender registry, but only after providing a conditional offer to the potential renter.Related ArticlesNot just California: US home supply hits record lowLetter: When California last seized housing authority…Letter: San Jose idea for a new mobile-home park rule is fantasticMoms 4 Housing timeline: How and when the saga unfoldedOpinion: Building transit villages will take political courageThe new ordinance also will provide a partial exemption for owners of government-subsidized affordable housing, including Section 8 units, allowing them to continue to use criminal background checks to the extent needed to comply with federal law.

Just do not get stuck on buying inexpensive properties - you may find them to be less affordable than you thought, especially if you are doing it as a remote investor. 

We actually moved to get to a more affordable investment market. 

Looking at anywhere from 20-27% management fees + some other costs, so if you're doing it all yourself and offer the renters an attractive and affordable space, then you're going to see plenty of ADR and cash flow.

As I said I really like Longmont long term as it’s improving, but there’s also a reason it’s still affordable compared to the rest of Boulder County.