For Phoenix, what's in higher demand? 

Are vacant properties in Texas a better investment compared to other property types, considering factors like acquisition costs, demand, potential appreciation, and holding expenses?

This can lead to more opportunities and partnerships.Market Understanding: As a property manager, you'll gain a deeper understanding of the local market, which can be invaluable when you start acquiring your own properties.Steady Income Stream: Property management can provide a consistent income, which can be particularly beneficial in the early stages of your real estate venture.Skill Development: You'll develop a range of skills from customer service to maintenance oversight, which are crucial for successful property ownership.Brand Recognition: Establishing a presence as a reliable property management company can boost your reputation, making it easier to attract tenants and investors when you start acquiring properties.Cons:Time Commitment: Property management can be time-consuming, especially if you're dealing with multiple properties or demanding clients.Regulatory Compliance: Staying compliant with local laws and regulations requires diligence and can be complex.Conflict Resolution: Dealing with tenant issues and conflicts is an inevitable part of property management and can sometimes be challenging.Financial Risk: There are financial risks involved, including late payments or damage to properties.Market Fluctuations: The property market can be unpredictable, affecting both rental income and property values.Overall, starting with a property management company can be a smart way to enter the real estate space, especially in an area with a clear need for such services.

In the worst case scenario that demand is low for a 2/2 we'll have to drop prices to attract people away from the 1BR places.

I’m eager to learn the process and take actionable steps.I’m particularly interested in acquiring land and identifying creative ways to add value, whether through flipping, owner financing, or long-term holds.My long-term vision includes owning rental properties, possibly starting with a multi-family home where I can live in one unit and rent out the others.I’m also exploring opportunities in modular housing and small community developments to fill a growing demand for affordable yet modern housing solutions.Outside of real estate, I have a background in auto detailing and entrepreneurship, which has taught me the importance of quality, attention to detail, and perseverance.

You want to know the total demand and the existing competition.  

They will almost certainly demand a proof of funds letter too.

Cuts out 80% of communication and collecting demands with tenants. 

As a result, there is less demand for off campus housing in the immediate area and its become easier to lease housing closer to campus if you are a Temple student wanting to live near campus.Keep in mind there  is also a narrow windows to lease to college students and if you miss their leasing windows it becomes difficult until the summer to lease units.

Architect is just demanding more money and I guess we have no other alternative  Demanding more money and refusing to do it are two different things.