As agents, what are your current and projected concerns in the market place?

@Nate Pucel The depreciation basis for a rental property includes the purchase price plus the cost of renovations and improvements that add value or extend the property's life.

Rtp nova project - all principal at risk (failed project)?

While they often require some level of repair or renovation, the potential for significant returns makes them an attractive option for many investors.Why Invest in Distressed Properties in Phoenix?

If you are successful, you should have profits to pour back into the next project.

Private (hard) money might help with renovation but will be pricey.

Gutted and renovated the entire unit What was the outcome?

More than likely the PM wasn't aware of the costs as most PM's don't understand project management.

Digging down is a project I am just finishing up.... it is exhausting but potentially worth it.

For instance, the area closest to Disney is actually less saturated and has many homes that can be renovated to a high standard and will book well.A bit further from Disney, in newer communities such as Solara, Windsor at Westside, Windsor Island and others, you can find deals in this market.