You can also get recommendations to 506b sponsors locally in the Phoenix area from other investors, accountants, attorneys, and real estate brokers.With that all said, keep in mind the most critical variable in your experience as a passive investor will be the PEOPLE you are investing in, not just the deal you are investing in.

All critic and comments welcomed.

Estoppel Certificate - will become a critical component of deals moving forwardWas planning a buy and hold, then a BRRRR, will likely become a hybrid of sorts IF the deal closes Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

First, finding a great agent is the most critical aspect.

We have investors from all over the country that purchase rentals and flips, so your location isn't critical.

Seeking proper Exchange advice is critical.

TBD - planning to update cosmetics to current market trends, replace HVAC and other Critical components What was the outcome?

It is critical that everyone reach out to their own local election representatives TODAY to let them know that you are opposed to these changes, that it would devastating to investors (especially those that have already made these investments), and would significantly limit the ability of sponsors to raise funds, etc. 

@Isaac S. and @Kristin Bassett covered the rest of the critical points.  

Where it is on Winchester is critical also.