Start with great theming, keeping in mind the current trends taking place at the parks.

Here's a quick breakdown:Unforeseen Property Issues: Hidden damage, bad tenants, major repairs – these can eat into profits.Vacancy Woes: Empty units mean lost income, impacting cash flow.Market Downturns: Property values can drop, affecting your investment's performance. 

Fortunately for me, I started investing a time in the market where everything went up.  

For investments, you'll likely want a conventional loan for commercial properties.

@Nicholas Nocella - Congrats on starting your real estate investing journey!

Quote from @Spencer Ware: Looking to start expanding portfolio.  

I have had a long term interest in purchasing an investment property and I'm looking to be smarter about this.

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?

If you're just getting started, stay local.

So they started doing the loans that everyone else turned down, ultra high risk development deals, second mortgages, land loans at ridiculously high LTV, loans where the borrower has none of his own capital invested, 85% of AFTER stabilized value loans.