That's probably what I'd do first unless you just have no experience doing these deals at all. 

There are plenty of commercial buildings in Phila but they have 2 main concerns which deters investors.1.

I'd purchased it on a land contract, paying interest only for the first 5 years, with the ability to extend another 5 years if I'm not able to find favorable financing to refinance within that time period.

Quote from @Jon LaBorde: @Jerryll Noorden the way you explained it was easily the best way I’ve heard it explained but the best way I can describe what I was told was “if you get a list of 1000-2000 there’s a 99% chance that you’ll get a deal, I’m not looking for a guarantee because I know it doesn’t work like that but I’m new at this and I’d like to get a running start so that being said I said I’d reach out to 10,000 people just to make my chances 99.99 if you know what I mean.

There are plenty of hard money lenders out there to fund your projects.

I'd feel comfortable investing ~$50k to start off.

I'd be interested to hear others that have specific experience with them. 

Because of that low barrier to entry, plenty of investors from all over are looking at this city.

Phoenix boasts a lively market with plenty of opportunities for both novice and experienced investors to thrive in the fix-and-flip business.

I'd be happy to discuss our mentorship or point you in the right direction.