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Thanks for that link, Jurgen. Looks interesting. I had a tentant from Hell in my rental when I bought it. What a nightmare. They trashed the place and it took me 5 months to get them out. Man, it sucked. You really have to have a strong stomach when things are bad and people are living in your property for free. But I agree, most people are good and won't cause problems. Besides, you always have the leverage of increasing their rent to hang over their heads.

Brian - I agree, my numbers are thin, but workable. In a perfect world, I would have gotten into the Phoenix market a couple years ago when prices were 20-30% less, but hey, we will hopefully be saying the same thing a few years from now.

Eric - I'm going to check out Goodyear, for sure. I believe its right next to Litchfield Park? Hey, buying a bunch of bunkhouses in Eloy sounds great... except, well, you know as well as I do that skydivers have no money!