The problem is that I didn't see that until 2 weeks deep in the project.

As rates come down slightly there will be renters entering the market without the increase in supply of the lock-ins selling likely driving up prices.

If you're looking to take down a ~$35k property in PHX to hold and sell later, your best bet would likely be to drive those areas and contact the owners (or their brokers) that are selling.   

They didn't go as deep as some other companies go ( that's what she said...), but I've been happy with the referrals and professionalism from this crew.   

If you're not familiar with the area, I recommend driving around and doing some in depth research online about the location of the property.

Drive around, get a sense of the area.

Too many people run them like they drive their cars: stomping on the gas, slamming on the brakes, then complaining about poor MPG.

It's essential to stay adaptable, continuously learn, and improve your underwriting process to avoid surprises and maximize financing opportunities.In summary, evaluating deals requires a deep understanding of underwriting templates and loan types.

Probably 2bdr.Make sure you're comfortable with the numbers before diving in too deep.

I regret driving past so many of these developments over the years and not having paid closer attention.