We ended up flipped that property and made some money, thanks to the market price went up quickly during pandemic.

In fact, since the pandemic and inflation hit, the 2% Rule seems to have all but disappeared in all real estate discussions and been replaced with the “1% Rule” in this tighter market. 

See article from the US Census about growth and population decline:https://www.census.gov/newsroom/press-releases/2023/population-trends-return-to-pre-pandemic-norms.html#:~:text=Texas%20experienced%20the%20largest%20numeric,%25%2C%20respectively%2C%20in%202023.

The numbers on prices and rates are a little dated post pandemic but the concepts are all there to get you started.

With AI companies accounting for 15% of new leases this year, the sector is becoming a driving force in San Francisco's post-pandemic recovery.

Most doing such today, are using a VERY failed concept of thought of expecting pandemic-era type returns/appreciation.

We have been actively submitting offers and competing with confidence on B/C class assets that are 50-150 units during the pandemic with guidance from the community and coaches. 

Fall in love with the process, and success will follow.Reflecting on the Journey:What happened to me during this full cycle, including the 3-4 years of the pandemic as a RE investor?

I ran into this situation in Cambridge, MA when the pandemic hit.

While it is harder post-pandemic to negotiate on price based on inspection results you still want to make sure there’s not a $100K problem you missed that the inspector will find.