Fix it and wait and watch?

I've listened to a lot of BP podcasts and other real estate youtubers, but most of those people invest in places where real estate prices are 3 or 4x what they are here.

I clicked on his YouTube.

Here are a few to watch out for:Property Condition: Most distressed properties need extensive repairs or renovations, which add to your initial investment.Competitive Market: With Phoenix's popularity among investors, competition for the best deals can be intense.Complex Deals: Foreclosures, auctions, or short sales are much more complicated compared to regular real estate transactions and usually require specialized knowledge.Tips to Successfully Navigate the MarketDo Your Research: Understand the local market conditions, including neighborhood trends, property values, and potential rental income.Build a Strong Network: Work with professionals who specialize in distressed properties-such as brokers, contractors, and legal experts-to make the best decisions.Assess Costs Carefully: Factor in the cost of repairs, holding costs, and any potential financing issues when evaluating a property’s profitability.Be Patient: Finding the right distressed property takes time.

Quote from @Duarte Marques: Hey BP community, I'm new to real estate investing and have been studying (reading books, watching webinars, constructing excel cash flow models,...) close to a year.

You will want to watch out for HOAs, that is where you will see rental restrictions. 

Reading and watching BP podcasts to learn.

Lastly, I love YouTube for learning, too! 

Greg,You are correct I made some opinions based on reviews and a youtube video I watched where the first thing the gentleman said is "We are Not a lender".

You can also check meetup.com or search Facebook for real estate investment groups, clubs, or meetings in your area.You're feeling FOMO because you see people all over BP, YouTube, and Instagram bragging about their success.