I would love to get the name of some of your contractors. 

I looking to invest out-of-state, primarily in rental properties, and looking to connect with local investors, agents, lenders, property managers, and contractors who want to share insights, collaborate.

And if the deal itself isn’t solid, no contractor can turn it into a win. 

Over this time I have acquired my contractor team and have vetted them through my job as a property manager, figured out my strategy(Off Market/Deep buying) and location.

Here are a few to watch out for:Property Condition: Most distressed properties need extensive repairs or renovations, which add to your initial investment.Competitive Market: With Phoenix's popularity among investors, competition for the best deals can be intense.Complex Deals: Foreclosures, auctions, or short sales are much more complicated compared to regular real estate transactions and usually require specialized knowledge.Tips to Successfully Navigate the MarketDo Your Research: Understand the local market conditions, including neighborhood trends, property values, and potential rental income.Build a Strong Network: Work with professionals who specialize in distressed properties-such as brokers, contractors, and legal experts-to make the best decisions.Assess Costs Carefully: Factor in the cost of repairs, holding costs, and any potential financing issues when evaluating a property’s profitability.Be Patient: Finding the right distressed property takes time.

The furthest properties are the hardest to deal with because my contractors don’t want to travel that far due to their time wasted driving and the cost of gas for their big trucks.

We'd love any introductions and support from other investors, agents, lenders, or contractors in the area.Thanks,Mike

Hi @Kyle Carter local PM here should you need any connections with contractors, lenders, agents etc. 

- Why didn't the contractor's insurance cover this?

I'm a licensed contractor and home inspector with a moderate portfolio in Ft Wayne.