I'm sure several wanna-be landlords who don't have the stomach for this business won't be around long, but the tough ones will probably outlast 80% of the flippers out there.

I don't have the stomach for it.

In the stock market, a widely made claim is that, if you can't stomach the ups and downs of the market (such as a 50% loss), you don't have the temperament to be a good investor.  

Best bang for your buck will be tertiary markets south of PHX but those markets will have PM risk that you won't be able to stomach.

Might still make sense to sell depending on the sale price or my stomach for dealing with these issues.

Though it is hard to FIND a good deal in hot areas like Oakley, as you've shown in the video, there are still plenty of deals to be MADE if you can stomach a trashed house and turn it around as a flip!

If you have the stomach for struggling cities, somewhat undesirable neighborhoods, and hit-and-miss property managers, there are big cap rates and COC returns to be had.One tip about roofstock though - they do have a filter by (3%+ appreciation).  

Keep an empty stomach..........

If you are looking for high appreciation potential & can stomach a little less safety, I would maybe talk to the folks at OCF Realty, Feibush is crushing the Point Breeze neighborhood and that will probably hit critical mass in favor of gentrification within the next few years resulting in strong appreciation, I'm not too familiar with rental rates there though.

I am tending to think it will go to an owner occupant with enough stomach and cash for a nice remodel and then sell off one unit or rent it out.