Phoenix is a fantastic market for multifamily investing, and it's great to see you exploring opportunities here.

.: As a contractor and flipper, I dont buy materials from retailers or online.

Thanks,BrettLocal PM here - happy to help identify investment opportunities, provide investment analysis and connect you with contractors, agents, lenders etc etc. kindly let me know and I'll help in any capacity I can.

I’m not suggesting you shouldn’t consider this opportunity because my current company has about 50 homes throughout New England with about 1100 employees and is well funded.

I'm currently house hacking my multifamily in Danbury and have another duplex in Brookfield CT that could’ve been a house hack deal as well.My 2 cents are: Stay prepared (preapproved) and on top of the market because when the good opportunities come, you have to jump on it.

I'm not sure why one would choose to make an (active) investment that is break-even, when there are other (passive) opportunities for RE ownership that can produce cash flows - i.e. private equity/syndications. 

Cashflow opportunity How did you find this deal and how did you negotiate it?

Clearly an opportunity to invest in a more landlord friendly state than NY.

I have just started in a 3-day training for the Lee Arnold broker certification program and thus far just completed the online material required for preparation. 

Understand the multi-family market, scale up portfolio efficiently, focus on value-add opportunities, build a reliable team, stay informed, and engage with the community for support.Good luck!