A good attorney will be able to review this and advise you on whether it can be fixed or if you should walk away.

As long as the area is good it’s easy.

All good reading and listening, education is best and if you want to learn you have to ingest as much information as possible.I read many books that helped me, but my go-to is listeining to at least 2hrs of podcast with real examples per day.One very important things that "want-to-be" fails is to understand that real estate has many different specialities, so you have to focus your time in your real project.

If you haven’t already, I’d scope out the municipalities around town.. from what I read in The Economist, the Phoenix metropo area continues to rank high for job growth, which usually bodes well for new builds.

And good luck.

You’re in a great spot to start—good income, no debt, and time to save.

It's a good way to get started and learn the ropes without a lot of capital, but you need to make sure youre doing it correctly.

I've stabilized that hemorrhage and have made good progress to reducing this debt but a recent chat with a conventional lender didn't seem to yield any options due to the DTI issue. 

As a landlord you might want to go with a cheaper "named perils" policy instead of a comprehensive homeowner policy.I guess the good news about your HOA fees is that you're not being hit with an assessment in addition to higher fees. 

All units are currently occupied and have leases in place until January 2026@Marshall Smith That's good you can still rent them out.