Here are a few to watch out for:Property Condition: Most distressed properties need extensive repairs or renovations, which add to your initial investment.Competitive Market: With Phoenix's popularity among investors, competition for the best deals can be intense.Complex Deals: Foreclosures, auctions, or short sales are much more complicated compared to regular real estate transactions and usually require specialized knowledge.Tips to Successfully Navigate the MarketDo Your Research: Understand the local market conditions, including neighborhood trends, property values, and potential rental income.Build a Strong Network: Work with professionals who specialize in distressed properties-such as brokers, contractors, and legal experts-to make the best decisions.Assess Costs Carefully: Factor in the cost of repairs, holding costs, and any potential financing issues when evaluating a property’s profitability.Be Patient: Finding the right distressed property takes time.

Udemy LinkI wish all the best for those investing real money based on course reviews. 

.-- lawton is a very cheap market and has a high demand for renters.

Very exciting you are looking to get into the RE investing world.Thanks for the interest in Rent To Retirement.

All the best

Real Estate is always the best investment.  

It's the best of all worlds with regard to self-directed investing!

We were very clear that we were looking for strategies and why and it all sounded good in the initial interview.

I have been on New Western's deal list as well as another bigger local company and everytime I underwrite these deals there is very very minimal left on the bone let alone contingency funds for going over budget on the flip...

Very hard to find multi-family properties that cash flow in this A market.