Hi @Joseph Goode I didn't see any responses on this so I wanted to see if anyone did get back to you via PM as I am interested in this topic as well.   

Quote from @Makani Donaldson: I’m interested mostly in cash flow.  

This guide will break down the key reasons to explore this market and how you can navigate it effectively.What Are Distressed Properties?

Ultimately, putting more down will allow you to get a interest rate and lower mortgage payment over time. 

Others do this at a much higher level.

You may need an asset partner to help you with a few flips so you have full access to financing. 

Any update on this @James Celidonio

I am interested in utilizing space again for group meetings, workshops, and for clients who may still desire private space.  

I currently broker LIHTC multi-family for a large firm coast to coast and am also interested in MF in the Arizona submarkets as well, and will eventually invest on that scale - I just figure breaking into the state through SFH flips may be a more risk adverse way to understand the pros and cons to phoenix submarkets.

Congrats on this investment @Kai'ler Sato !