i found in my build projects that started just before and continued through the pandemic prices rose. everything but lumber became sticky IE they rose but did not fall..

Have been talking about getting into real estate investing for the last 2-3 years and finally pulled the trigger on a 3 unit house hack in Soulard that will be closing later this month and will be self-managing the property.I'm trying to network a bit with other investors, build a solid team of contractors / handymen, and set my systems up in way to scale, but also so my tenants have a good experience.

The second red flag is he's trying to build his credit back up.

Based on that number of units I would expect much higher figures - did you buy these buildings all/mostly cash?

I wish you the best in building out your portfolio. 

You're in a strong rental market, and house hacking a small multifamily in Phoenix is a smart way to build wealth.

Just would like to start building relationships with people In the Phoenix area as well. 

Building a trusted team is key, so starting that process as you actively search for your market will put you in a strong position moving forward.

I am from out of state so wanted less maintenance in the short term while I build my portfolio and grow to the point where I am comfortable hiring a manager!   

@Josh Young - Are there opportunities to buy new builds for investors?