Personally, I would never live in PHX, but that is all personal biases (I prefer seasons and greenery), and clearly lots of people choose to live in PHX.At the end of the day, I would argue market selection almost only comes into play when you are talking assets that cater to institutional buyers that have to get investment committee sign off. 

I look every day for off market houses to flip.

Older homes that aren’t elevated could suffer major damage when the next storm hits.Many expect market saturation in the coming months, as flippers are snapping up flood-damaged properties.

We are Canadians eyeing up the market in the USA and looking to start investing in properties across the border. 

The property's strong market demand made it an ideal candidate for a profitable fix-and-flip project.

Your “don’t evict strategy” could only make sense in a market that literally hates landlords.

If the latter, how does that look on a day to day in terms of operating, marketing, and the ownership structure?

Ive invested in the Boston & DC markets for 22 years now.

Quote from @Ivan Castanon: Quote from @Jay Hinrichs: depends on market most of FLA that wont move the needle.rust belt mid west you can find deals for those amounts.. going to be rougher areas of course. do NOT follow the advice of anyone suggesting second postions or gap funding.

You were not afforded a reasonable (in most states, 30 days) amount of notice to re-market your property.