I personally dont do any of that.. every market / or most will have an active fix and flip sector or buy and hold sector the important thing to me is the operator full stop.. great operator will do well in any market and all the national data simply is noise at least at my level. ( loaning our own money and JV deals with our own money)  we dont broker or anything like that.

This progress has been a blessing, and we’re committed to continuing on this path.

If you haven’t already, I’d scope out the municipalities around town.. from what I read in The Economist, the Phoenix metropo area continues to rank high for job growth, which usually bodes well for new builds.

Until whoever is sending you these opportunities has the conversation with you on how much you'd like to make on a deal, how you figure your ARV and how you plan a rehab/ costs they are likely going to continue sending you opportunities you won't find too appealing. 

Successful individuals must learn to accept uncertainty, maintain a flexible mindset, and continue to invest.

With insurance rates going up, best to find areas with the lowest operating cost.

Interest rates atm seem quite high so will ride this out a bit longer (and ratios will continue to improve over time.) 

This is also (historically) where the best appreciation is, and our growth continues to feed that well past the covid boom.

With a 40% expense ratio, the DSCR is approximately 1.21Hindsight Critique•Continue to build relationships to increase deal flow•Property manager (Mercer Hughes) is critical to completing renovations and quick tenant placement•Continue to build relationships with private lenders and personal investors•Have cash available to make quick competitive offers

I host a group for midterm rental operators and I had 2 people in last week's meeting essentially say the same thing.