However, I’m unsure about the utility of having two paid-off rentals 25 years from now.

Stay disciplined and avoid rushing into deals without thorough due diligence.Resources for InvestorsIf you’re new to investing in distressed properties or looking to expand your portfolio, consider leveraging resources like:Local Realtors: Realtors specializing in distressed properties can assist in locating off-market deals and navigating complex transactions.Community Forums: Attend a local investor meetup or join online forums for the Phoenix market.Educational Tools: Search out webinars, workshops, or courses on investing in distressed properties.Final ThoughtsThe distressed property market in Phoenix is creating some excellent potential for the right investors willing to go the extra mile necessary to take on strategic risks associated with this category of real estate.

Does anyone do an online application?

See if those can be covered for utilities.7.  

We decided I’d utilize an FHA loan to buy my first property.

Long story short, you spend a month cleaning and renovating, then you find a new tenant after just 15 days.In total, you lost three months of rent income ($3,000) plus paying utilities ($500).

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

Medical pros, job relocators, and digital nomads are looking for comfy pads.Join online groups like Furnished Finder, Nomad List, or local Facebook groups.

I'm having a hard time trying to find a bank that I can open a business account with online.

Thanks, Haresh I couldn’t find the numbers you mentioned about them online.