@Jasmine Vida  Some groups have a lot of spam, but I've also found groups that are legit investors and also hold meet ups so its good for networking as well :)Send me some those Facebook groups that you found I would definitely like to join them! 

One of my applicants showed up with little credit but no defaults, no evictions, and only traffic violations and verified income high enough to cover well over 3 times the rent and I accepted the tenant despite there being some signs.He paid the rent in time for the most part until a few weeks ago when he stopped and I could not get ahold of him.

Cosmo - I personally don't know Phoenix well, but if I had to do this in another city I would look at income levels, crime levels, and population growth (if you can) by zip code and/or area within a DMA as a starting point.

It may sell at a loss if someone else knows that you are trying to get rid of it because of a bad tenancy, but if you can get a well qualified tenant in there, then it may be worth keeping at this point if you can make it get some decent cash flow.  

💰Well said!

I came across this brand new property, in a great intersection that’s leased out to LazyDog restaurant & running well.

He is a wealth of knowledge on the area and is actively investing locally as well.

If they're cash flowing super well, why sell or take out a HELOC? 

If they’re not able to assist, I also have other LAIC referrals as well that will just provide the service only.

A well-structured deal with a clear exit strategy can be just as valuable as a full rehab.