This along with the time of year does make it slower.  

He has a staff of 3 or 4 assistants to handle the details, and his break even every month is $30K. 

Here are a few to watch out for:Property Condition: Most distressed properties need extensive repairs or renovations, which add to your initial investment.Competitive Market: With Phoenix's popularity among investors, competition for the best deals can be intense.Complex Deals: Foreclosures, auctions, or short sales are much more complicated compared to regular real estate transactions and usually require specialized knowledge.Tips to Successfully Navigate the MarketDo Your Research: Understand the local market conditions, including neighborhood trends, property values, and potential rental income.Build a Strong Network: Work with professionals who specialize in distressed properties-such as brokers, contractors, and legal experts-to make the best decisions.Assess Costs Carefully: Factor in the cost of repairs, holding costs, and any potential financing issues when evaluating a property’s profitability.Be Patient: Finding the right distressed property takes time.

The one thing to consider is that IL and NY are both not landlord friendly states.

Real estate loans to owner occupied properties where the business of the owner is closed down - or SHOULD be, and the owner needs some time to sell the property.  

It was the boost I needed to grow fast.To get started, I partnered with experienced equity raisers.

You’re going to make the deal based on today’s interest rates and today’s returns.

Even if the listing price is attractive, a higher flood insurance premium can make the property less affordable compared to a home outside the flood zone.

When the pandemic hit and landlords across the country feared the worst (cue the “no rent” movement), REI Nation really stepped up.

.: Is it legal, per the IRS, to rent my primary home back to myself?