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.

Recently, have only used BP calculators, watched a few podcasts and only viewed the forums from the outside.

I know an investor that might partner with you on the lot next door and/or may buy your lot without the title policy.I have already got the deed for that lot and another lot that i bought.. the second one is not waterview but it is .694 and soon to be listed on the MLS for 18k.. im still waiting for the lady to come and see hers and say shes ready to sale.. her family was affected by the hurricane and hopefully she will be able to head this way soon.. ive started to try to wholesale here in jasper and have several deals lined up but cant find any investors in my area looking to buy.. i just now saw this or would of replied along time ago.. i dont know how to do the mentions with the @.. every time i try it dont work 

If you’ve been active in the area, I’d love to hear your take—what’s working, what’s not, and anything I should watch out for.Appreciate any tips or advice you’ve got?

Add in affordable space and a skilled workforce, and you’ve got a recipe for success.4️⃣ Learning from My ClientsI’m watching my clients crush it with their industrial investments, and it’s inspiring me to grow my own portfolio.

I recently watched an episode of BiggerPockets where the guest discussed how he started a real estate investment company and buys commercial properties with 0% down.

By the time I retire, I want to have enough rental properties to have financial independence to enjoy my hobbies and enjoy spending time with my family and watch my children grow up.

I had watched it drop $15k just in a 30 day period brining it back down to the price they had paid in 2023 before their rehab.

I'm amazed and delighted daily by Lady Landlords FB page and highly recommend joining at least 2 Landlord FB pages as well as these here in BiggerPockets.

Watch it for a while, track listings, see what sells and what doesnt, what areas move quickly, etc.