Yes chandler is very close to Phoenix (around 20 mins). This particular property is off of 202 loop which is a big plus to get easily to anywhere in the valley.
I am still thinking about this. It’s a big risk but possibly big return situation. I usually avoid taking too much risk. I don’t see a lot of help to landlord from AZ government as well.
I twisting the arms with the builder and their lender to shave few 1000 dollars of the home price and get a very good interest rate. Their rate is horrible (3.99 with 0.25 points). If I shop outside I will lose their 5,000 $ incentive towards closing.
When we visited Chandler late last year, looking thorough the community, we definitely felt that it’s a great place to invest. It’s just that not sure it’s the right time now.
