Do to the state mandates that require 100% reserves in all categories, combined with the rising cost of their neighborhood insurance policy, my strong recommendation is you find out what further anticipated spikes in association dues & if any possible special assessments are looming.

They dumped a lot of money into their experiences category and it failed, they will likely fail ago IMHO.

MTRs fall into the standard long term rental( 30 day +) category and will follow those regulations set for Long term rentals.

Not worth it to me.In my area if the pool has a powered safety cover that can hold body weight, then a barrier fence is not required.

I've worked with many many real estate investors and I've noticed a lot of new investors put wayyy too much weight/emphasis on structuring out their LLCs.

And they all fall under the category of "bring your A game."

I dont have any feedback for turn key REI but lots of experience with 1031X and my suggestion for you is to make sure you have a good idea of the exchange you're going into or at least the category of homes or type you're aiming for.

Granted there is a cost in hiring an agent, Having someone analyze each deal with localized knowledge is worth its weight in gold.

So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on.

Stay disciplined and avoid rushing into deals without thorough due diligence.Resources for InvestorsIf you’re new to investing in distressed properties or looking to expand your portfolio, consider leveraging resources like:Local Realtors: Realtors specializing in distressed properties can assist in locating off-market deals and navigating complex transactions.Community Forums: Attend a local investor meetup or join online forums for the Phoenix market.Educational Tools: Search out webinars, workshops, or courses on investing in distressed properties.Final ThoughtsThe distressed property market in Phoenix is creating some excellent potential for the right investors willing to go the extra mile necessary to take on strategic risks associated with this category of real estate.