If everything checks out, they could be a solid option for your first investment deal.

So before dismissing your options, you may want to consult an investor friendly Lender who is an out of the box thinker.

.: Quote from @Stepan Hedz: Phoenix, AZ, offers a young myriad of options for real estate investors, particularly in the distressed sectors.

Read my Utilities 101 below to see some options.

We are trying to think of all our options for a rehab loan.

Depending on how you use the property, you may benefit from a cost segregation study and bonus depreciation once the property is in service. 

These companies invest for long term growth.Here's why exploring these options could be a win:Less competition: Fewer investors might mean you snag a better deal.High growth potential: Up-and-coming areas can offer excellent appreciation alongside decent cash flow.Unique opportunities: Discover niche markets with specific tenant needs, like student rentals or corporate relocation hotspots. 

Off-market deals give you control over pricing, terms, and creative financing options.

If you plan to invest in multiple states or require advanced asset protection, consult a CPA or attorney to explore options like a holding company structure.

Detroit would be a solid option if you're strategy involves a little more risk for potentially higher cash flow.