Possibly some questions to ask yourself: How much higher is the cash flow in Akron?

. - We always recommend buying your first rental locally if possible and DIY managing to learn as much as possible before investing OOS.2) Lots of crooks and incompetents in the PMC world:( They both cost you money.- As already stated, you'll have a small portfolio.

Whenever I show the property, I try to make it as clean and organized as possible so that it looks appealing to whoever is interested.

Deals like this are absolutely achievable with the right knowledge and approach.Imagine what could be possible for YOU in 2025.

We still have a long way to go before we reach our occupancy goals but are excited at the future possibilities. 

If this is not possible, take some time to get to know and be-friend the other HOA board members before you waste money with an attorney.

You make $10k from STR, you have to come up with $22k out of your pocket, not to mention the upfront $100k down payment and possibly another $20k to furnish the house unless you bought it as an existing STR.So in summary, in today's market, it's impossible to buy a STR and be a passive owner and still make enough profit to cover your mortgage payment. 

Phoenix contains a rare combination of elements that have created an outstanding market for distressed property investments, including the following:Cost Savings: Distressed properties are sold below their market value and enable investors to take hold of properties at a trifle compared to traditionally listed properties.Strong Market Fundamentals: Being among the fastest-growing cities in the country, Phoenix ensures a high demand in housing and rentals, hence good potential for resale or income from rentals.Value Creation Opportunities: Most distressed properties need renovations; thus, such situations present opportunities for investors to increase equity by adding value.Population and Economic Growth: Phoenix remains among those cities in the country which are attracting more and more residents and business; therefore, this presents good, long-term appreciation possibilities of property appreciation and income creation.Challenges to ConsiderWhile the rewards can be great, distressed property investment is not without its challenges.

It could be possible to still negotiate a purchase depending on the stage of foreclosure it is in. 

Even if it were possible to wait it out and do a "gotcha" at the end, that's just not how I want to treat anyone.