Stay disciplined and avoid rushing into deals without thorough due diligence.Resources for InvestorsIf you’re new to investing in distressed properties or looking to expand your portfolio, consider leveraging resources like:Local Realtors: Realtors specializing in distressed properties can assist in locating off-market deals and navigating complex transactions.Community Forums: Attend a local investor meetup or join online forums for the Phoenix market.Educational Tools: Search out webinars, workshops, or courses on investing in distressed properties.Final ThoughtsThe distressed property market in Phoenix is creating some excellent potential for the right investors willing to go the extra mile necessary to take on strategic risks associated with this category of real estate.

We own and manage two and one is particularly difficult during the shoulder (slow) seasons.

Based off the general home inspection report you'll be able to see if you need to get an electrician etc out there. 

Then I would either go to your GC with the info, or go directly to your subs (licensed electrician etc.) with the info.

In most cases, the rehab money is interest free until you actually draw the money and if you never actually draw the funds, you won't owe the money when you go to pay off the loan.

How do you approach educating people on the realities of the business? 

After 5 years in the business I’m starting to get a few word of mouth referrals which is how I closed my last property which was my first off market deal.

The brokerage doesn't matter as much unless you are selling off market and they can share within their office.

--I would agree that this market has opportunities for seller finance as a record number of properties in the US are paid off. 

Quote from @Kadeem Kamal: I’m starting the process of doing a 1031 where I’ll get about 300k to put towards the the next property.