5 at 5: Your Daily Digest for Real Estate Investing, 10/8/21
Scottsdale, Arizona, is now the 10th most expensive place to rent an apartment in America, and it’s not alone in its big metro market when it comes to high-dollar rental properties. The Millionacres takeaway: Our Aly Yale notes that while Phoenix may be a great place to have a rental property right now, it's not an easy place to buy one. With inventory down and prices (and competition) up, finding a low-cost, high-ROI investment home is an uphill battle.