Properties that can be quickly renovated and put back on the market are likely to capture this existing demand.28305 though experiencing a slight decline in inventory, saw an increase in sales, particularly in larger homes, suggesting that despite lower availability, demand remains robust.Potential Saturation Challenges: Despite a surge in single-family home permits, areas like 28303 and 28304 may grapple with market saturation, necessitating strategic flipping approaches to navigate fluctuations in supply and demand.Recommendations:Emphasize nimble, smaller-scale flips in areas like 28303 and 28304 to mitigate risks associated with potential market saturation.Average Sale TimeZipApr 2023Apr 2024CHANGE2830156 Days30 Days-47.00%2830361 Days33 Days-45.80%2830450 Days17 Days-64.80%2830576 Days39 Days-48.30%2830672 Days30 Days-57.70%2831169 Days34 Days-49.90%28312124 Days51 Days-58.80%2831451 Days23 Days-55.00%28303: Focus on 2 to 3-bedroom houses, as these are currently experiencing robust growth in sales prices and demand.

wherever you are looking for land I'd argue it's a bad strategy unless you are buying for pennies on the dollar. where I'm at in columbus ohio there is a 12 months supply of land on the market so it's a buyer's market. unless the market is a seller's market which can be established with a real estate agent (less than 6 months supply on the market, and really I'd say 3 months), then I'd avoid this strategy 

Supply paint, pizza and beer and you should save about 4 grand but results may vary.Another option is just to paint the areas that look the worst and attempt to match existing paint colors--this is usually what I do if anything at all.

It's all supply and demand.

It's a small pocket with lower supply, so if you can get a good deal, you'll likely see some strong appreciation.

I will give you some of my highlights.People in Texas complain about their property taxes at 3% ours are about 4.5%.New York in general and Monroe county specifically are very tenant friendly.Depending  on the town, the code inspectors/police can be quite anal.Since Covid and the 2020 protests we’ve seen an increase in crime in the city and therefore weakening demand in the city proper and increasing demand for the suburbs.Industry is well diversified—University of Rochester (medicine) L3Harris (defense) xerox (IT) and paychex (software/hr)) and relatively recession proof.Population growth is low and therefore appreciation (except the past 4 years) has been moderate as well.There aren’t many builders in the area so supply is relatively fixed.Home (and rent) prices are both affordable with homes typically being less than 1/3 median household income and rent being similarly affordable.For single family homes at 8% rent will cover piti with about 100$ to spare in the A areas.

Rehabbed most of the stuff myself except for supply lines in the plumbing.

You are not going to save any money by supplying the materials .

I too though they would come down but it seems because of the low supply of homes that may not happen (at-least any substantial correction).

There is always a delay on supplies , problems that come up , permits and inspections .etc .