You can arguably make it work in any market.

And yes it sure isn't what it seems, especially in this market.

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. 

Do to an anomaly pertaining to the appraisal district, the total value of the two lots was divided equally between the lots instead of allocated by market value.  

For me, it has to be a data-driven decision: what is your current NOI, what would be if you replaced the boiler, how much will it cost, and how long will it take to get your money back...If the area and marketing don't warrant central air, I would NOT do conensors right away and just focus on the forced air.

Rich Ng That's good to know, I know people who have had issues in Salem with big differences between market and section 8.

I've also loved learning about the other 10 markets we operate in.I have two big goals.

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

Look into tools like CoStar, LoopNet, and ARGUS for commercial property analysis, and consider books or courses on underwriting and market analysis.

Are you looking into certain investment strategies to begin or certain markets?