Quote:
Originally Posted by look 171
Rick, can 50K get you good chunk of down payment on a condo in AZ somewhere close by home? If Condos are trading at 110-120k, with 1000 bucks in rent you just might break even with today's interest. I am start to like the condo when it comes to rental. I learn from an old guy that has a bunch of them. His big thing is that you are basically hands off on the repairs and maintenance. You just have to worry about the inside and nothing on the outside. No tripping and falling, rot on the walls and leaks. Association takes care of that. I am sure you already knew that.
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Rick we could certainly find a nice rental condo here in AZ for 110k -120k... I've seen a few out in the west valley between 50 and 60k!
Give me a call and I can set you up to at least browse.