Not overpaying and getting great terms 3. multiple bids/ quotes 4. project management. 

I'm interested in buy and hold for now, might do some fix and flips later on. 

Not an uncommon underwriting term I guess.

We are accepting term sheets for a bride from Construction to Perm.

While there’s no official A/B/C/D classification of Phoenix neighborhoods, here’s a data-driven breakdown of some of the best areas to invest in, based on median purchase price, average rent, and investment potential.Top Phoenix Submarkets for BRRRRAreaMedian Purchase PriceAvg Monthly RentAppreciation Potential (1-5)Cash Flow Potential (1-5)Maryvale$320,000$2,00043Alhambra$350,000$2,10043.5South Phoenix$375,000$2,20053.5Tolleson$360,000$2,15044Avondale$380,000$2,2504.53.5Glendale$400,000$2,30043.5Mesa (East)$420,000$2,4004.53Paradise Valley$1,500,000$5,50052Breaking It DownIf you're looking for the best appreciation potential:South Phoenix, Avondale, and East Mesa are seeing rapid development, infrastructure improvements, and rising demand, making them strong contenders for long-term value growth.If cash flow is your priority:Tolleson, Alhambra, and Maryvale still offer affordable entry points with solid rental demand, making them attractive for investors looking to generate monthly income.If you want a balanced investment:Glendale and Avondale offer both rental income and appreciation upside, making them ideal for investors who want the best of both worlds.What’s Trending in Phoenix Renovations?

20% down is doable for a lot of lenders, 15% down is available in some cases but will come with horrific terms. 

We intend to hold the property in our name for at least 12 months before starting construction. 

Mortgage rates would likely hold steady.

As you already know, anything under $65k will likely require a heavier lift in terms of repairs, but that’s where you can create the most value.

Hold steady.