They tend to avoid properties that need renovations.

Because we are vertically integrated, we can streamline operations and avoid many unnecessary costs, ultimately saving our clients money.Another crucial factor to consider is the experience and investment mindset of your PM team.

Are you agent yourself and what makes you say that you'll avoid buying a home under 1000 sqaure feet again? 

These are some of the biggest developments happening in the metro, but there are dozens more that I won’t go into here to avoid this report going on to long.Thank you for reading my research report on the outlook for the D.C.

I’d really appreciate any insights, whether there’s anything I missed, any places you’d avoid, or any tips for STRs in this market.

Unfortunately experience means you've made some costly mistakes :-) So, to avoid those costly mistakes, when I take on a new approach in investing, I buddy up with someone that already has experience doing them.

Stay disciplined and avoid rushing into deals without thorough due diligence.Resources for InvestorsIf you’re new to investing in distressed properties or looking to expand your portfolio, consider leveraging resources like:Local Realtors: Realtors specializing in distressed properties can assist in locating off-market deals and navigating complex transactions.Community Forums: Attend a local investor meetup or join online forums for the Phoenix market.Educational Tools: Search out webinars, workshops, or courses on investing in distressed properties.Final ThoughtsThe distressed property market in Phoenix is creating some excellent potential for the right investors willing to go the extra mile necessary to take on strategic risks associated with this category of real estate.

Renting a garden unit, for instance, could generate $1,200/month but must comply with city codes to avoid fines.4.

For example, avoid wasting time comparing new construction with sun-soaked windows to basement units with stained drop ceilings.

My last note would be to try to buy 3 or less replacement properties, it makes the exchange much easier and you avoid some additional rules.