Thoughts on today's article on more foreclosures?Per today's article and in the news on increasing foreclosure rates, and Arizona being mentioned, http://finance.yahoo.com/news/Banks-repossess-1-million-apf-1937862554.html?x=0; I'm planning to buy an investment house to lease out, and to get positive cash flow from rental income. What's your opinion on the article and if investing in Phoenix, AZ is a smart move? Should I invest in a larger and more expensive homes in the nicer part of Phoenix (around 130K), or should I buy cheaper homes in the other areas so that I can purchase more properties? Should I get smaller homes in the nice areas vs bigger homes in further away areas? Will renters be able to afford bigger houses? Would they want to rent a bigger house much farther away from downtown Phonix? Would they even care what school district they're renting? Also heard Surprise has lots of senior citizens? Would I find renter if I bought there? (Since retirees would own their homes most of the time)... Pls give me your opinions and outlooks Crystal Ball! Thx..!January 13 2011 - Gilbert00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.