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In 2012, Sedona, like the rest of the country is still recovering from the 2008 crisis. Smart investors are looking to areas of the country that provide an upside to their investments. Sedona is a prime tourist destination. In other words there will be rental demand for your investment in Sedona real estate. The Sedona real estate market was hardly hit by the down turn. You will not find a large volume of foreclosure or distress listings. The market is strong. The demand for rental properties is strong. You can go to other parts of the country and find severely distressed properties. But what is the point of buying a property that you cannot sell or rent. Sedona is an ideal location for owning rental property. You will find qualified realtors at The Arizona Department of Real Estate.