If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

My name is Khaled Seirafi based in California and I'm looking at potentially investing in a multifamily property in Phoenix.

This account is also used for any maintenance the property may need.

And after several years you start doing cash out refinances.....If you can refinance one property every 1-2 years and withdraw $200k of equity....that's not taxable. 

Rich Dad, Poor Dad is a great mindset shift, and The Book on Rental Property Investing is a solid next step! 

And will you be utilizing property management firms to help out? 

Regarding the property condition, thats on the inspection report and hopefully you went through it with a fine tooth comb.

They often have access to off-market properties which gives you less competition.

Have purchased cash in order to acquire the property.

With high home prices, rising mortgage rates, and intense market competition, securing a property has become increasingly difficult.A recent survey found that over 60% of real estate agents reported instances where Gen Z buyers lost out on homes due to delayed decision-making, missed appointments, or hesitation in making offers.