This hot market is definitely more than just a fever.

I have a local plumbing co do gas hot water installs and it has gone up from 800 to 1200 in the six years we've been at it (My husband will do it if we can't get the plumbers out in a timely manner but he'll whine about it).

This is very useful.You could build a deck or gazebo to house a hot tub.

I believe that the technically correct answer is that they all moved from California to Texas and Florida, whereupon they realized that it gets extremely hot and humid in those places, has extremely variable weather, and large insects, and are now leaving Texas and Florida. 

Quote from @Craig Parsons: So this here is a hot mess. 

We knew there was some hot air in them, I expected more fraudulent folks to have created note "funds" and it pyramid down and blow up but i think a lot got stopped in their tracks when they were anticipating a rate cut and not a lot of higher % debt notes to be offered so they never indulged in such tomfoolery.

The weather is not too hot in the summer and cold in winter. 

Small multi-family is hot right now due to house-hacking (low barrier of entry), and future cash-flow. 

How long will you go without hot water before withholding rent, calling the city or just moving out?

Great to see you're in North Carolina—a lot of hot markets there.