You can check with your state fair housing agency for details.”

Is Phoenix a good market?

Don’t forget. 2024 rent cap was 8.9% so you may never get “market rent”.

Know your market cap rate and you can quickly determine whether property is worth a closer look. 

However, many states now require some version of a license to wholesale, so I'd identify a market first and then dig into their specific wholesaler requirements. 

I think it's the best market in the whole country in my opinion.

From there we identify properties that could have some potential and if you are interesting in diving deeper, 1) we do a thorough video walkthrough to give you a realistic look of the property, 2) we give a ballpark estimate of rehab costs (we do 40 a year with our GCs o we will get pretty close), 3) we talk through market rent with our property management team, ARV, and potential highest and best use.Ideally you find great investor agents who know their market really well and have a network of resources to provide you with enough confidence to take reasonable action. 

For me it’s building connections with buyers in a new market. 

Very interested in the Cleveland/Ohio market in addition to a few other cross-border cities closer to Toronto. 

There are no laws restricting mark-to-market rents.