As a real investor and specialist your question does not give much o work on. Everything when it comes to investing is based on numbers and models. Most to all of my investors do not look at anything below 1400 SQFT , and nor do they look for anything as a single family below a 3 bedroom and 2 bathroom. Now, I know investors who are buying 2 bedrooms based on location in other cities and states for single family dwellings, and I know investors buying 2 bedroom townhomes. It really comes down to numbers, and what you are trying to accomplish. Something to think about is how many investment properties are in a current area right now, and how many of them will go vacant in the nearing future in that area. Was there a bubble of investors. Not like 2006, but will they land themselves going forward in a situation where they cannot rent them. Many of these investors have paid cash, but have they considered that the strategic default clan and anybody else who lost their home are coming back into the market each year going forward, so will we have a less demand for rentals in places like Maricopa. Just food for thought if you are thinking about investing. I would make sure I would buying the property right, and buying the right property.