@Larry T.Disclosure: I'm the founder of REIkit.comI just saw this post and want to make sure that I address the questions and comments.

Not sure what to think about this, should I be concerned?

I would really like to get a jump-start on my portfolio in Phoenix before I move there, and the timing seems right in both markets; however, my biggest concern is getting into a property that eventually needs my personal attention on-site, for whatever reason, and ends up being a bad deal.  

I am waiting for a Cost Seg and 1031 expert to address this matter. 

I have purchased my primary a few times and yes I have plenty of equity which I will not use to invest with, it's a rule my wife and I agreed upon many years ago. you still haven't addressed my questions regarding a mentor.

On the website, they are listed as an LLC and the their mailing address is a house that is now for sale as a short sale. 

On the website, they are listed as an LLC and the their mailing address is a house that is now for sale as a short sale.

If this has been asked and addressed before, I apologize, please point me in that direction!

You can see exactly where any address is in Harris County in relation to flood zones.

I would also be concerned about the friend's statement that the demand is high "this year".