As far as risk, my worry is that there'd be some sort of economic downturn and rent rates/property value plummet or vacancies go up.

The city's economic development initiatives have been attracting businesses and professionals, creating opportunities for real estate investment.

Focus on factors like what is driving cities to grow both in population and economics.

the additional of richenbacker airport, and the Ohio river really make the freight and logistics passing through a major economic driver, but its far from the only one.

This is exactly the kind of economic boost that makes a market attractive for real estate investors.Looking ahead, experts predict home sales in OKC will climb more than 8% this year, with prices continuing their steady rise.

same with us, we study infill every day though through case examples. the best part about infill is no risk. buying lots like what builders are doing even national builders still are shifting the risk to local land developers. my recommendation is to look at permitted uses, price per acre, etc. if you want lower risk buy a larger tract of land from a large developer out of a 100+ acre development to lower the risk. if you are doing it from scratch work with a group who's doing subdivisions. you can go and read the subdivision plats in your recorders office online every county has one. in columbus where I do the majority of our development we are specifically starting to target zones where the economics are also favorable.

Therefore, transferring the property to your own LLC would not trigger a sale or allow you to claim the Section 121 exclusion.Engaging in transactions that lack economic substance or are primarily for tax avoidance purposes can attract IRS scrutiny.

I think @Brian G. and @Jaycee Greene hit it on the head: an event occurring/debt resetting.When the debt forcefully resets on some of these assets, valuations drop if the submarket cap rate has expanded and/or if the operator can not show a good t-3, t-6 etc due to economic vacancy and rising opex (insurance, r&m etc).If the operator can't inject equity to cover the difference, then trouble arises.

*Be Informed — Stay on top of market trends, zoning changes, and economic shifts that can affect real estate values.ConclusionWith a reasonable strategy, a little resourcefulness, and a lot of hard work, fix-and-flip investing in the Phoenix area can be extremely lucrative.

I think I could find a place where the economics are favorable. every city has investments properties  Most markets in US are stagnant besides NE market.