unfortunately, I think you are right - it's a difficult market for investors, period. 

I think everyone's situation is different, and when one crafts their buy box, they need to consider their current family and finances.For me, when I started, I wanted to buy 2-4 unit distressed properties in neighborhoods I wanted to live. 

I have a quadplex it has a basement we roughed in to add a unit one day....well, we're thinking it's "one day". 

Do you think this would be feasible in Phoenix and if so, which areas?

I can think of some obvious cities where chip manufacturing plants are being constructed that will benefit from AI.Looking for a discussion on what cites or MSAs will benefit the most from the AI revolution and why?

Instead of losing 55k they will probably only end up losing $25,000 - $30,000Long term its not a great cash flow property but with some renovations and addition of a parking slab I think long term appreciation is the big goal here.

Do you think every investor made a 100%+ return on every dollar spent?

I didn’t think I would find a deal to begin before the end of the year.

I don't think he would allow someone that had to put the fee on a credit card.

It's a very competitive market there.I think your 203k approach will likely be a leg up in deal hunting as you'll be able to take on an investment that needs a bigger scope of work while others might be looking for a more standard value add situation.let's connect. i'd love to help however i can