With that said Phoenix had one of the highest home price declines in the last market down turn.  

Personally, I invest in properties in C-Class neighborhoods in my market (East Linden and Southern Hilltop), and they’ve been cash-flowing well so far.

Wayne market? 

Make sure to factor in insurance (slight change as rental), property tax (in our market is 2x a primary res), vacancy (3-5% in most markets), capex (old roof?)

I have a lot of good information on the KC multifamily market that I can send you. 

Before getting started, I’d recommend focusing on three key areas:Strategy Selection – Understand the different investment strategies (BRRRR, short-term rentals, etc.) and determine which aligns best with your goals.Market Research – Study the market you want to invest in, including property values, rental demand, and economic trends.Laying the Foundation – Take proactive steps now that will set you up for success later.

@Chris Seveney Hi chris, this is in the San Antonio market 

I would love a ideas on what you think might be best to do in the current market and may even be interested in partnering with someone if the numbers work for both parties.

I help investors find opportunities in the NYC market, specializing in residential and commercial properties.

Any changes in federal spending could influence the job market and, subsequently, the real estate market.4.