Do buy and hold rentals make sense in Phoenix area?

[Anthony Maza]

My primary interest is in Buy and Hold investments, but it seems like it's really tricky to find anything that makes sense in the Phoenix area, unless it's in a really bad part of town. Is Phoenix just one of those areas where other strategies make more sense? I'm sure there's something I'm not seeing and I would love to learn from someone who is familiar with this market. Thanks!

[Enrique Huerta]

I don't think that's unrealistic for the market, but you'll probably be in the Glendale area for higher COC returns.

The more deals you analyze, the better of a feel you get for what is realistic in a market. Talk to more brokers, and keep a database of analyzed deals so you can see trends.

Are you looking for SFR or Multi-housing?