Aside from strategy you must understand how to underwrite a deal. 

Also Condos are dealing with high special assessments.

My chief complaint is the lack of communication and an actual project management plan... thats good news I know some lenders get pretty concerned when construction is so slow.. but sounds like a great deal and I know RTR will be there every step for you guys.. did not realize they were the conduit for this transaction.

This type of investment can also offer great tax deduction, depending on your situation.Best of luck on your first deal, feel free to connect with more questions.

We have around $150,000 available for investment.We understand that finding deals in this price range in Phoenix itself might be challenging, so we’d love to get your input on areas near Phoenix where our budget could work.

You're definitely not the only one in this religion so there's other people that will likely be dealing with alcohol-free life and navigating that situation.

We don’t like to deal in “maybe’s, let try, etc…”.  

Additionally, you can still find deals that will cash flow and hit the 1% rule and amazing appreciation potential. 

Focus on networking, learning financing options, and saving up so you're ready when the right deal comes.Good luck!

If you’re exploring financing strategies or want to discuss how to structure deals for your goals, I’d be happy to contribute where I can.Looking forward to seeing your journey unfold!