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.

Hi Drake,You are in the right space to get started, so congrats on taking the first step.

This chart I thinks shows it best, inventory does increase over last summer/fall though still well below historic norms, but it actually starts coming down over the winter. 

I would suggest a good PM to start if you don't have a solid background in hospitality or at least something in the service industry.Self-managing can save a ton of money if you know what you are doing. 

I have been in property management for 20 years, almost 3 years ago I moved to Birmingham AL to start my investment journey.

Most larger communities will have a Homebuilders Association, i would start networking to find a builder that can finance the construction. 

Those holding higher-rate loans should start preparing for refinance opportunities in the second half of the year.Scenario 4: High Inflation and Rising Jobless ClaimsIf inflation remains high while job losses increase, it signals uncertainty in the economy.

It took about 5 years for my assets to start covering my expenses.

Freddie SBL offers 5-10 year fixed rate options, as well as 10-20 year "hybrid ARM" options which start with an initial 5-10 year fixed rate period, followed by a 5-10 year floating rate period.

I am even good with cash flow neutral - have been since I started - and still can't find deals that work in that regard.