Thanks in advance:What's the best way to determine if a buyer with an offer is qualified?

•AE flood zones can limit your buyer pool because not all buyers want to deal with flood insurance or lending restrictions.

Don’t be one of them.There were different ways that potential buyers wasted my time.

Quote from @Kyle Hess: I'm building a list of tools you could have handy while touring a potential fix-and-flip. 

After the pandemic-fueled housing boom cooled somewhat in 2023-2024, the market has found a new equilibrium that presents interesting dynamics for flippers.Key statistics worth noting:- Median home prices have stabilized around $450,000, representing a 3.5% increase year-over-year- Average days on market: 42 (up from the frenzied 12-15 days seen in 2021-2022)- Inventory levels have increased by approximately 25% compared to early 2023Where to Find Flipping Growing NeighborhoodsSeveral Phoenix neighborhoods are showing particularly strong potential for profitable flips:1.

Also, important to confirm they will be warrantable condos for end buyers otherwise it will be very difficult for end buyers to secure financing and thus purchase the units. 

While they often require some level of repair or renovation, the potential for significant returns makes them an attractive option for many investors.Why Invest in Distressed Properties in Phoenix?

No if potential buyer have given you emd than you are under the assumption this is a serious buyer and will close on the deal but he has only a certain amount of time with his inspection period so if he backs out you still have time to fund another buyer. 

Is it smart to just sell, pull equity to put towards the new house or use the potential rent to put towards the new home payments once the rental overhead is taken care of?

The median listing price's upward trend suggests higher asking prices, while the decrease in sold median prices reflects a potential shift in buyer negotiation power or market adjustments.