Depending on your current rate or if the current loan is short term or long term.

Congrats on those solid numbers!

Most, if not all are in older neighborhoods without a HOA and on the bus line. 

I also can see on apps early on if have a dangerous breed and can put those apps in back of the pile rather then it being a surprise later on. 

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.

Look them up online, call and interview several of them.

I am looking to connect with the investors there as the promotors are continuing to take Asset Management fees to the tune of $450K a year (on top of PM fees) even when their payout to the investors is around $20K a quarter (not meeting preferred) and the overall fund is negative about $450K.

But on that note I do use about 4 different data sources for comp'ing the property's rental price estimate for my clients.

This investment should have done very well based on these facts, but the biggest drag on performance was the yearly high "unexpected" property tax expense ($300-500k drag on NI per year).

My plan is to mainly focus on cash flowing properties that make the 2% rule.