Properties start paying dividends once they start generating income and may vary month to month. The monthly dividend is determined by analyzing several factors, including rental status, the amount of cash in the property's reserves, last quarter's cash flow, projected expenses, and lease renewal timing. For more information on why dividends may be increased, decreased or paused, please see our detailed FAQ. The rental history and dividend payments for each property can be found on the performance tab.

The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.

Tucson, AZTucson is the second largest city in Arizona and has a population of 542,629 with over 1 million in the metropolitan area. UNESCO designated Tucson a “City of Gastronomy”, becoming the first city in the U.S. with this designation because of its rich agricultural heritage and thriving food traditions. Tucson has seen economic development in the past few years. The presence of the University of Arizona as well as the US Army Intelligence Center have led to the development of many high-tech industries including government contractors. Tucson is also a major hub for the Union Pacific Railroad’s Sunset Route that links Los Angeles with the Southern regions of the country.