Our policy prior to showing or exploring 5+ unit investments is to have a dedicated or strategic lending partner fully qualify buyers with a clear and concise overview anticipated costs and timelines. 

With a $400k budget, your choice of Phoenix is excellent as it's a thriving market.

My ultimate goal is to make profitable deals and achieve financial success through strategic investments.

Things we should look out for, lobby for, strategize on? 

If the best case scenario for cash will not cover expenses it seems like you have 3 choices here. 1.

The partnership with Ron Rowan exemplified our collaborative approach to maximizing property value through strategic investments.

@Dock Newell Jr Great choice picking Memphis to invest in!

Note if I had purchased in 2022 in my market, I would have done alright due to the appreciation but in my 2022 underwriting I was depicting 0% near term appreciation (I strive for conservative underwriting).You have a choice to either pursue RE or not.  

However, before consulting with these professionals, we are taking the initiative to educate ourselves so that we can ask higher quality questions and ensure we are making the best choices for our future.

This is what I do:1) Helping investors articulate, clarify, and organize their thoughts. 2) Holding investors accountable for their actions. 3) Assisting investors as they strategize and make plans to reach theirREI goals.