Where I live is ultra competitive as well.

If however you are a ultra conservative investor those advantages are irrelevant.

This is because banks and mortgage lenders are tightening underwriting standards to cover the risk of millions of borrowers seeking forbearance on their home loans.He said that despite ultra-low interest rates and the need by many homeowners to raise cash because of job losses and economic uncertainty, many homeowners are priced out of the market for cash-out refis.I immediately scoured the internet for more information and found an article by "American Banker," dated May 4, 2020.

They then went to contracts and then Costar bought them, they merged or whatever.Costar does have some decent data but is ULTRA EXPENSIVE.

Here are some numbers to chew on...Let's say you wanted to do this ultra-cheap -- low-end everything.

Great responses guys, I knew I was being ultra conservative and needed to hear the voice of reason.That being said, is there usually a corresponding drop in rent prices when the market tanks?

The likely prospect of a new ultra liberal mayor is terrifying for investors.  

Instead of focusing on this ultra small segment of the overall housing market, jurisdictions should be finding ways to ADD housing stock to their markets. 

First is Marcus who from a long time ago keeps saying not to invest at the ultra-cheap property in his city, Milwaukee.

The national bank prefers to loan on ultra vanilla stuff in Cali and in New York and Washington etc.Each bank kind of has their own way they view CRE and their strategy they want to employ based on goals.