Years of insufficient building (and a construction pause during the pandemic) have led to extraordinarily low inventory.

You are not currently able to give notice for non-renewal.Non-Payment of Rent EvictionsJune 30, 2021 - October 12, 2021Evictions for non-payment of rent may be filed after 15 or 30 days notice if the tenant(s) are eligible for COVID rental assistance and the tenant(s):Refuse to apply for assistance through the programRefuse to provide information needed by the landlord to apply for assistance on the tenant's behalf, ORRefuse to provide the landlord with proof that the tenant applied for assistance through the program.However, we will have to pause the case if, after we file, the tenant(s) provide a CDC Declaration (through July 31, 2021) or apply for rental assistance.September 12, 2021 - October 12, 2021Authorized evictions are expanded to include tenant(s) who are ineligible for rental assistance.

The only real danger here is that you didn't get to leverage the skills of your team for this one, so you may have bitten off a non-deal after all.Depending on your comfort level with gaging areas to buy in and rehab budgets, I would consider making a connection with a Property Manager or a savvy agent in the area you are targeting and then pausing your teambuilding until you have a deal. 

I submit that I don’t know and no one else does either.So do you buy Bitcoin now because it is down 50% from its high or do you wait because $30,000 is just a momentary pause on a continued steep decline.Real estate while more predictable than Bitcoin is similar.So buy property that is is good value today - with reasonable rational reasons for optimism for the future - and wait.

Moving to a less expensive home could allow you to tap into your home equity or cut down on your monthly expenses.WHEN YOU’RE READY TO MOVE—WE’RE READY TO HELPWhile uncertain market conditions may give pause to some buyers and sellers, they can actually present an opportunity for those who are willing, able, and motivated to make a move.

Why did you pause?

For instance, if I am in Bosie, SF, PHX, SD etc. with seeing a M-o-M drop in median home sales, and a big drop in pending home sales I am probably going to at least pause and see where the market is heading. 

IF you do decide to proceed, be sure to factor in the meaning of why you can't see the inside - it could mean that the inside has issues that might cause you 'pause'.  

You're going to have to earn the trust of your lender, and not the other way around - the days of free capital are gone.If you want to invest institutionally, find a credible lender who is still lending and adapting to today's environment - I have heard that the largest lenders in the space (read, the lenders with the best rates and terms) have paused (read, stopped lending) for the next 60 days until they figure out where the economy is headed. 

This allows me to stay ahead of things and continue to find opportunities but at same time pause till the finances are in order...