Successful flippers are:- Building relationships with reliable contractors- Ordering materials well in advance- Being strategic about which renovations will truly deliver ROI Regulatory EnvironmentRecent changes to Phoenix building codes have emphasized:- Stricter energy efficiency requirements- More rigorous inspection processes- Additional permits for certain types of renovationsBe prepared for longer permitting timelines than in years past.Financial ConsiderationsThe financing landscape has evolved significantly:- Hard money lenders are offering more competitive rates (7-9%) than the 12-14% seen in 2022- Several Phoenix-specific investment groups have emerged that pool resources for flips- Traditional lenders now offer more renovation loan products tailored specifically to the Arizona marketThe Bottom LineThe Phoenix market in 2025 offers solid opportunity for house flippers who approach projects strategically.

Buying existing plans and tweaking them through an architect could save time and money compared to a fully custom design.

You are losing money on both properties. 

You went to work, made your money, and then enjoyed your life with your family.

I actually lent the money to the purchasers to buy the Park. 

You can probably pay for a course when one of the sucker roadshows comes thru town, but it is a ton of money. 

So i bought a home back in September 2022 in Kansas City Mo with 7.37% interest and I remodeled the home by putting a 2nd full kitchen and remodel the main bathroom almost putting close to $30k I have a remaining balance left of $275k in loan, I had to relocate to Dallas due to unexpected job transfers in 2024 May such a short notice didn’t want to put the MO home back on the market and loose money.

If you find something that works well as a short-term rental, but doesn't work well for you as a home, you'll have money but be dissatisfied when you live there.You don't even need it to produce a profit.

Quote from @Jesse Scheidel: When setting aside money for Capex, Vacancies and maintenance, should you use multiple bank accounts?

You could always get the extended warranty and still save money over the 3k model.