Phoenix is a huge city, and there are still growth opportunities within it. 

For the first purchase- the home can not be your primary if you intend to use a DSCR loan.

I recently relocated to Arizona, drawn by its rapid industrial growth, particularly in high-potential sectors such as semiconductors and electric vehicles.What I Bring to the Table:I have hands-on experience as a real estate agent during my college years and am currently exploring opportunities to transfer my license to Arizona.

$1,500-$1,600 is about the going rate for a 2/2 in most average areas of BR, but I can see where some neighborhoods would get more.Another thing to think about - if the property is sitting vacant right now and you have ready and willing (and qualified) tenants, then the opportunity cost of waiting an extra month or two is $1,550/month.

Have you considered selling and capitalizing on another opportunity.

I've seen some get cutoff with a semi-hostile reminder from the crowd.Some REI clubs, such as those sponsored nationally, intend to make a profit and you should recognize this before you go.

Being nearby allows you to stay hands-on—you can see, touch, and fully immerse yourself in the process.There’s a lot to learn, not just about managing rentals but also about overseeing property management companies.Handling tenants and maintenance can feel overwhelming at times, but starting with a property close to home gives you the opportunity to gain valuable experience.

How would YOU go about finding an opportunity under those people, if you had no ins or connections?

If there’s no exit clause I’d take this opportunity to add one.

Auctions can be a great opportunity!