Wait for insurance to pay and work with your tenant however you choose to or local law dictates.

I live in Phoenix area.I am new in real estate investing and looking to connect with my local investors. 

However, I'm finding the available comps to be quite sparse, and the spread is larger than expected, making it challenging to pinpoint a likely value for these lots.I'd greatly appreciate any insights or local knowledge about this market.

However, I am also considering duplex and tri-/quad-plex assets if they pencil.Additionally, I currently work for a locally-based commercial developer/lender on multifamily, land, and some hospitality projects.

Find some local meetups and start talking about your interests.

Older homes in neighborhoods like Heights and Montrose are full of charm, character, and history, but may need some renovations.When navigating the market, it's important to partner with a local real estate agent, take into account rental market demand and rates, search for value-add chances, and learn about landlord-tenant laws.

If you paid cash for the foreclosure, you can get a construction loan at a local community bank or credit union. 

Everything I am learning about mentions Local.

The LLC, amazingly, will remember who owns what. ]What are my Federal, State and Local filing requirements?

Lots of posts on different companies so be sure to check out what people have said about vendors you are considering doing business with.