Phoenix contains a rare combination of elements that have created an outstanding market for distressed property investments, including the following:Cost Savings: Distressed properties are sold below their market value and enable investors to take hold of properties at a trifle compared to traditionally listed properties.Strong Market Fundamentals: Being among the fastest-growing cities in the country, Phoenix ensures a high demand in housing and rentals, hence good potential for resale or income from rentals.Value Creation Opportunities: Most distressed properties need renovations; thus, such situations present opportunities for investors to increase equity by adding value.Population and Economic Growth: Phoenix remains among those cities in the country which are attracting more and more residents and business; therefore, this presents good, long-term appreciation possibilities of property appreciation and income creation.Challenges to ConsiderWhile the rewards can be great, distressed property investment is not without its challenges.

I'm sure there's other stuff you'll want to factor in - what businesses are moving to and from each areas. 

Self management works if you are local and can separate emotion from business.

A lot of family businesses cannot stay in business upon parent death due to no longer getting the prop 13 property tax discount.  

Would your STR business even exist without Airbnb?  

Personally I think Josh himself is innocent but the company definitely is involved in shady and deceptive business practices.

First two deals were cash, we were running business out of the locations and had the opprotunity to buy.. no brainer :)

For example, $50,000 loan at 10% paid out evenly over 10 years.Like I said, super new to this part of the business, so trying to wrap my head (and spreadsheets) around it.

Because I'm busy doing it, lol. 

Hey everyone,I'm looking to get started in the short-term rental business and could really use some advice.