I did all the labor my self aside from hiring certified electrician and plumber as per country permit regulations.I live in Alaska with my family and work in construction in general (journeyman carpenter turned commercial superintendent turned GC and now rolling steady as one man 'handyman' doing lots of finish work the last couple years).

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

Lastly, what other considerations or resources can you think of that will help me understand the process and feel more comfortable as a first time home buyer?

Quote from @Keira Hamilton: Here are 5 lessons I learned from selling my laundromat last year that can help you as a prospective business buyer.Lesson 1️⃣ - Listing sites can be a legitimate way to buy and sell a business.I will often hear people say that they’re not even going on listing sites because “they only have bottom of the barrel listings,” but this has not been my personal experience.

Another benefit is lower flood risk...those may be famous last words, but you're in a good location/elevation relative to other parts of Houston metro.It is very street to street and block to block.

I'll continue the strategy I've been using for the last 2-3 years, building small apartment buildings.

Historically REITs in US have outperformed the sp500 for last 50/40/30 years by 3-4% a year, but they have underperformed sp500 in the last 20 years due to Quantitative Easing induced liquidity stock inflation.

Lastly, bookkeeping..

I’ve found interest blowing up for rentals in the market and the lower rents we once saw have risen significantly in the last 3 years.

I want to work with great people, build long-lasting relationships, and help them grow their wealth while doing what I love.Here’s where I could use your insights:Raising Capital: What’s the best approach for attracting investors who are interested in partnering on real estate development and redevelopment deals?