That is really the epicenter of growth in Metro Phoenix for the next decade.Since Metro Phoenix has a healthy inventory of homes in your buy box and interest rates are keeping many buyers on the sidelines, it's a good time to be a buyer in Metro Phoenix.Hope this helps,Melanie

Good stuff - I will be interested especially in the Short Term Rental space - the constantly predicted "AirBnBust" these last two years has simply not materialized (mostly due to the fact that most of these borrowers are locked in at 30-year fixed low rate debt from '20 or '21.)Lot of people caught up in the hype (amateurs) maybe will look to "get out" in 2023 with a somewhat drop in rates and stableish prices - lots of professional STR investors on the sidelines ready to come in - could be a robust market again as the march toward consolidation/institutionalization of STRs continues

I am not saying you should purchase this specific property but if you never take the step to start you could be on the sidelines forever. 

I've been on the sidelines with real estate investing for about 2 years now given this highly volatile and high interest rate environment (at least relative to recent years).

There is way way way too much CASH on the sidelines - THEY ALWAYS chase higher yields.I don't know what #3 above will exactly look like. 

To much cash on the sidelines to expect a huge drop in the near future IMHO  Cash on the sidelines isn't going to get invested in residential RE.

As someone who was skeptical, they impressed me enough to get off the sidelines and connect my IT team and head of our portfolio team to work with them.One final divergence between the two particular companies is cost.  

And, as it does, there's a lot of demand on the sidelines ready to buy.This will likely push prices higher, cancelling out any benefit you'd see with lower rates.If the numbers don't work today you either need to change your strategy or look at a different market.

I do not let it sit on the sidelines.  

This book got me off the sidelines and in the game: Build a Rental Property Empire by Mark Ferguson and this book elevated my landlording methods: Managing Rental Properties by Heather & Brandon Turner~ Lindsey