When evaluating a potential real estate investment, both the Debt Service Coverage Ratio (DSCR) and the 50% Rule can be helpful tools.

Some investors scrape these records or use data aggregation tools to build their own lists, ensuring they’re tailored to your criteria.• Networking & Local Groups:Engaging with local wholesalers and real estate investment associations can also lead to referrals for quality data sources.

What property management software or tools would you recommend for tracking rent payments, leases, and maintenance requests?

So in that a much lower rate of return is acceptable given the safety and certainty level of things. 

Being part Alaska Native, there was incentive where they would pay your down payment and we utilized that tool!

Any advice or tools you’d recommend would be really helpful!

Stay disciplined and avoid rushing into deals without thorough due diligence.Resources for InvestorsIf you’re new to investing in distressed properties or looking to expand your portfolio, consider leveraging resources like:Local Realtors: Realtors specializing in distressed properties can assist in locating off-market deals and navigating complex transactions.Community Forums: Attend a local investor meetup or join online forums for the Phoenix market.Educational Tools: Search out webinars, workshops, or courses on investing in distressed properties.Final ThoughtsThe distressed property market in Phoenix is creating some excellent potential for the right investors willing to go the extra mile necessary to take on strategic risks associated with this category of real estate.

•For example, a listing with three price drops and 180 days on the market would be weighted less than one with 30 contacts, no price drops, and a quick removal after 30 days.3.Open Data:•Provide direct access to each comp’s details: price history, leasing schedules, photos, and even links to the original listing sites—all without leaving the platform.These three issues have been my biggest frustrations with current tools, and I’m building this out for internal use in my market.My questions to you:•Is this something you would want to see in your market?

If your current CPA can't provide this type of advice, maybe try the BP pros finder tool (I will post the link below) or hopefully someone will comment here and recommend a real estate CPA that they worked with before.https://www.biggerpockets.com/business/finder/searches/ffd0c...

Tools?