Here are a few to watch out for:Property Condition: Most distressed properties need extensive repairs or renovations, which add to your initial investment.Competitive Market: With Phoenix's popularity among investors, competition for the best deals can be intense.Complex Deals: Foreclosures, auctions, or short sales are much more complicated compared to regular real estate transactions and usually require specialized knowledge.Tips to Successfully Navigate the MarketDo Your Research: Understand the local market conditions, including neighborhood trends, property values, and potential rental income.Build a Strong Network: Work with professionals who specialize in distressed properties-such as brokers, contractors, and legal experts-to make the best decisions.Assess Costs Carefully: Factor in the cost of repairs, holding costs, and any potential financing issues when evaluating a property’s profitability.Be Patient: Finding the right distressed property takes time.

I’ve read Kiyosaki’s books, too, and they completely shifted the way I think about money and investing—such a game changer.

You didn’t read the fine print.

There are cheaper one’s in D/F areas but I would be careful as those can create a laundry list of additional issues.

We have both been reading and researching as much as possible.

I’d be careful with outbound AI cold calling due to regulations.

I have been reading the online resources about getting started, searching the market, and even doing tours, but I am hesitant to jump in and buy a house as I have quite a large amount of student debt.

I am currently in the process of identifying land for a purpose-built residential assisted living and memory care facility in Houston, TX.

Have you read, "Long-Distance Real Estate Investing" by David Greene?

I would be a little careful with Section 8 unless you have experience with it.