Wish we had done more market research before renting the 1st floor apartment to friends of ours.

I am also willing to work for a more experienced investor or property management company in any capacity, be that market research, deal sourcing, property management assistance, rental optimization, or anything else needed.

Ill have to research how to fix it (i hope its not rip all the drywall off and replace with new). 60 days seems more reasonable since its been sitting there for 40 years.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Researched the area , contacted local team through biggerpockets How did you finance this deal?

Since you're looking to expand into Florida and other states, I'd recommend starting by narrowing down your focus:Market Research – Florida has great opportunities, but each state and city has different laws, taxes, and demand drivers.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Just my 2 cents.Hi Scott,- I utilized the brokers information and then did my own research in 1 bedroom comps around the area and the 2025 Small Area FMRs for the county which are $730 for 1 bedrooms.

Hi @Mason Weiss,Thanks for the compliment on my research, it's nice to have some open dialogue with someone familiar with the Phoenix market!

Research wholesaling for more on that.