Most of the people that I know that seem to have high net worth you just kind of develop it more accident than on purpose.

You can speed up the time considerably (that takes money) by having someone take you hand in hand all the way to the purchasing and managing of properties.

If you are in a state where eviction cost is high and it is tenant friendly you may need a higher credit score to offset default risk and eviction cost.If you are in a landlord friendly state where it is easier to get non paying tenants out you may be able to handle more none payment risk.  

Quote from @Benjamin Larabee: Hi all,My wife and I have worked over the last 7 years to build a rental portfolio and are getting to the point where the bookkeeping/data entry tasks are becoming too time consuming.

I highly suggest using IDI data.

In collecting and evaluating data.  

While there’s no official A/B/C/D classification of Phoenix neighborhoods, here’s a data-driven breakdown of some of the best areas to invest in, based on median purchase price, average rent, and investment potential.Top Phoenix Submarkets for BRRRRAreaMedian Purchase PriceAvg Monthly RentAppreciation Potential (1-5)Cash Flow Potential (1-5)Maryvale$320,000$2,00043Alhambra$350,000$2,10043.5South Phoenix$375,000$2,20053.5Tolleson$360,000$2,15044Avondale$380,000$2,2504.53.5Glendale$400,000$2,30043.5Mesa (East)$420,000$2,4004.53Paradise Valley$1,500,000$5,50052Breaking It DownIf you're looking for the best appreciation potential:South Phoenix, Avondale, and East Mesa are seeing rapid development, infrastructure improvements, and rising demand, making them strong contenders for long-term value growth.If cash flow is your priority:Tolleson, Alhambra, and Maryvale still offer affordable entry points with solid rental demand, making them attractive for investors looking to generate monthly income.If you want a balanced investment:Glendale and Avondale offer both rental income and appreciation upside, making them ideal for investors who want the best of both worlds.What’s Trending in Phoenix Renovations?

You can also use VA to buy the home and renovate it so that it speeds up the ARV to pull cash out if needed.If you have any questions feel free to reach out I enjoy helping other BP members especially other Veterans.

Instead of facing neighborhood opposition, builders now notify Native American tribes, How SB-423 Speeds Up Development // No More Neighborhood Delays · Developers avoid local opposition and political roadblocks. // Tribal Notification Process · Builders must notify Native American tribes instead of local communities. · Tribal reviews take up to 6 months, but the process stays more predictable. // Faster, Smoother Approvals · Fewer objections increase approval rates and reduce red tape. · Faster timelines bring more housing to the market without local interference.

If you’re not already using similar software, I’d highly recommend exploring these options—they can save you a lot of headaches down the road.