Regarding the location of the Qualified Intermediary (QI), it doesn't matter whether they are based in New Jersey, Florida, or elsewhere.

I don't think that makes sense, because the space certainly adds value, in my experience.But this does tend to vary from location to location.

Or if your gut tells you that your family will be happy in this new location, then follow that instinct!

The property is in a great location,  close to stores, restaurants, fair grounds, freeway access, and less than a mile from hospital.

They are asking me to call them… see message below:“We are very interested in your property and would like more information, particularly about the proximity of the amenities to the location.

In what zip code is the property located?

Mail would go to the office or another location. 

The next objective after locating a target market, would be to determine if your primary goal is appreciation, cash flow or a little bit of both.

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.

It is located on a very scenic setting.