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

As a starting point: -If they work full time and make $700k a year -Don't want to or can't spend time self managing a short-term rental -Don't have a spouse who wants to take the lead on managing the rentals They are likely not going to directly reduce their taxable income with real estate year-to-year. 

But, I had a vision, and I had a decent chunk of capital to start with (don't worry, that didn't last).

Start by networking through local meetups, REIA groups, and online communities like BiggerPockets to connect with experienced investors.

Nashville is such a great market to get started in! 

You need to start from the beginning thqt there are no deals, They pay they get a nice place that is it

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.

Go to GET STARTED > EVENTS AND MEETUPS at the top of your screen.

Also, if you are a minority, WRA has the Partnership for Success program, which helps pay for your start up costs.

Hi, pre foreclosure in all of its permutations, before the bank sends Notice of Default (NOD) or efter which is state even county dependant but often starts a 4 week clock till the trustee auction are the 2nd most difficult deal scenario and IMHO only experienced investors should bother, the 1st most difficult deal scenario are bidding at the court house steps on lord only knows what is being auctioned off sometimes even 2nd mortgages, you need to do so much home work to attempt to reduce your risk at the court house steps...Pre foreclosure no one talks about these issues, always about the nice sounding stuff like "motivated seller" get a good deal etc etc both are usually not the case.- 95% of folks in pre or post NOD want to stay in their house, keep their house inspite of them 100% will loose the house at the auction.