., there are a lot of places where you'd make like a bandit if you invested before the pandemic boom.

Dodd Frank was good at keeping it at bay until the COVID pandemic hit.

I mean I even drive to get the pizza LOL.. we sure saved a lot of money during the pandemic..

Further ,we could have “flipped” the property to the same buyer at almost the same price in a matter of DAYS, and would have except that 3 days after our purchase the buyer’s financing was shut down because of the COVID pandemic.  

It's now less than any point post-pandemic.

Compared to the recent pricing peak in May 2022, single-family home prices in Austin are down approximately 15%.For some broader context, here’s a chart of the median sales price of a single-family home in Austin over the past 10 years:As you can see, prices in Austin are still substantially above pre-pandemic levels.

Most of the horror stories I know of are either because (1) it was during the pandemic and tenants were taking advantage of it or (2) an exception was made on the vetting process when it shouldn't have been overlooked. 

As an example I constructed a 4 unit condo building in the Mount Airy neighborhood of Philly at the beginning of the pandemic.

Before the pandemic and rent didn’t have to be paid there was safety in more and more properties, in case 1 or 2 or 3 people didn’t pay.

We achieved similar results during the COVID-19 pandemic and the eviction moratorium.Average rent growth and appreciation from 2013 through 2023: >8% and >15%, respectively.SummaryProperties don't pay rent; tenants do.