@Drew Clayton there's a lot of truth to your points!

There are a lot more condos for sale now compared to the past few years, but we still haven't reached pre-Covid inventory levels. 

My timeline so far has been:End of Oct 2022 - Permits ApprovedJan 2023 - Lot ScrapedMarch 2023 - Fill dirt brought onto lot, compaction tests in progress. 

Of course you have!

Turnovers don’t even need paint most of time.

Financing your second property can be tricky since lenders may only count 75% of rental income toward your debt-to-income ratio, so get pre-approved early.

I suspect part of the reason might be because I have a no-alcohol policy for my property, which I understand might draw a lot of people away to some extent.

If you can show that the numbers work, you can get 100% of the purchase and rehab covered.The key is finding lenders who work with new investors.2.Partnering with Experienced Investors– If you don’t have capital, you can offer your time, effort, and hustle in exchange for a piece of the deal.

To learn about CRE the best place right now to get a general sense of the business is something like chatGPT.

Lots of leg work, calls and emails, but if you can find a few deals that could get you started with enough capital to get into your first deal on your own.