We use a national supply house for everything and do mostly builder grade with upgrades where they need to be at.

Since we do deals all over Florida, we're constantly adjusting based on supply and demand per county, but overall, demand in Florida remains strong.I agree with you.

My largest concern is that as we go lower in rate, housing supply will ultimately be unlocked putting downward pressure on rents/asset prices. 

I know lumber has come down significantly and have been reading due to a slow down in the market there is over supply coming from the lumber mills. 

I love Hospitable, but looking at Lodgify for their direct booking capability and customizable website templates.Does anyone use Stripe for online direct bookings?  

given the above two charts, massive supply x 13 years, falling rent growth rates x 18months, would guess rough times ahead for US Multi-Fam next 2 -3 years, but doesn't look like we are near bottom of the cycle yet?

This is just speculation, but supply and demand drive the market...Reach out if you want to connect or chat more about the market

Until then, I still have the capability to take a sizeable line of credit to which I can use for the mentioned BRRRR strategy I chose the buy and hold strategy for several reasons:1.

They should also: 1) Be using the BP Calculators, or some similar type of spreadsheet, to show an investor why a particular property is a good investment, as well as supplying sale & rental comparables to justify what they enter in any Calculator or speadsheet.2) Know how the Property Class affects expected performance of a rental.

I am doing my own due diligence but would appreciate advice from others in the local area given all the new supply that has come on recently and still to come in the Nashville metro area.My understanding is that this submarket is not that affluent but there is a lot of development going on, is right “in the path of progress” and would offer an experience for Class A renters that is unique from all the downtown development.