Should I buy in the Phoenix, AZ market?

[Louise McEwen]

Hi,

I have been following Bigger Pockets for awhile now, I have been watching the market for a little over a year, and am ready to own again. I have been a renter for the last 10 years and my current landlord is doing a rent increase by 15%. I am in Phoenix metro area and we are selling for top dollar right now which is a bit of a deterrent but also have seen don't wait to buy the market, buy the market and wait. My goal is to buy and live in the property for a year and then rent it out and buy a second and repeat. I'm a bit afraid of buying so high, even potentially at a peak. I am very open for suggestions, encouragement, voice of reason and flat out honest feedback!