Much better to start slow and get the feel of it in a nicer area/house, then to jump in the deep end and realize all the people were right and it's actually very cash intensive business.

Condition = Peace of Mind (AND lower expenses)Peoria is:new roofnew water heaterupdated flooringnew paintelderly-owned (usually low wear-and-tear)Gilbert is:old carpetssmells like petsmissing closetbroken blindsneeds paintdated interiorEvery dollar of deferred maintenance becomes your dollar the moment you close.Your first rental should NEVER be the one that drains you during the first 12–24 months.4.

If the tenant doesn’t allow access, it slows down the entire financing process, and it’s something you want handled up front in your offer.Your plan to save the layout changes (moving the front door, adding a bed/bath) for later is smart.

Finding properties that have been sitting at no fault of their own and just because of a slow market is the way to go.

Now keep in mind, these are the guys that have been trained and are not starting up "cold turkey"Have at least 6 months of reserves on hand for eating, bills etc to cover the slow months.Going into winter is not a great time for the market in most places.Wholesaling is one of the highest taxed jobs you can have.Does it work, yes.

It’s a structural one.Why it’s happeningBuilders have tools individual sellers do not:• They can buy down mortgage rates into the 3’s-mid-5s while resales are stuck at 6.5%+• They can offer closing cost credits without triggering appraisal issues• They adjust pricing based on absorption rates, not emotions• Inventory carries measurable costs for them, so they act fasterMeanwhile, resale sellers are slow to reprice and anchored to peak-era expectations.That creates a pricing gap investors aren’t used to seeing.The investor angleFor most of the 2010s, investors avoided new construction because it was more expensive, taxed higher, and offered no rent premium.

Our market has been pretty slow for the past 3 years but has picked up recently as interest rates have come down and buyers seem to be coming off the sidelines. 

Money markets priced in a slightly higher probability of a rate cut in early 2026, as the data reinforced a narrative of slowing but resilient labor conditions.

They seem to rent between $2300 (slow season) to $2800 (good season).

We’re one of the few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must = 3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenants possible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of another applicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then taking several days to submit.