I don't think the rates will drop enough this year for sellers to enter the market to increase supply.

We are in the Kitsap County, WA market and the housing supply is still pretty low in our area making deals hard to come by.

These factors are making Ohio's cities stand out in a challenging national market still grappling with low inventory and high mortgage rates.Ohio's market is limited with housing supply, with an average months' supply of just one month, and this indicates a strong seller's market.

my apology for not being clear, we had the background check, they seem to be okay, -- they are self employed but income looks good although I haven't verify because they hav't agreed to supply SSN before lease signing.On top of BG check we require Tenant provide SSN for extra protection, never had a problem with Tenants before till recently, not sure it has anything to do with the new law in CO

Made poor choice in hiring first painter and the expense of labor and supplies - unable to complete job satisfactorily which will lead to a redo.

Unfortunately, we are probably oversaturated with supply at this point. 

Appreciation is the outcome of simple supply and demand.

We are currently still at a very low inventory level, only 2.5 months of supply on the market, and what I have seen is that if a home is posted for sale, that is a good product for the market value, it's going super quick.

@Lon Sierra If you’re talking electric I just separated 5 units and bought the actual meters from a commercial supply house that puts their stuff brand new on EBay and the Electrician told us to do it and picked out what he wanted and said it would save us thousands if we paid for it over him ordering it and marking it up.

I have a YouTube channel I just posted a deal we are doing on if you search pink development you can see the lot. on my triplex I don't build a garage so every sq ft is appraisable. on my single family we have to build garages most of the time unless it's our micro home 700 sq ft that we sell for under 200k. the rent price / sq ft of SFR even smaller ones is maybe on average $1.70, on our 650 sq ft floorplan it's closer to $2.43 which is about 40% more efficient. supply and demand. very few multifamily built, higher appreciation, etc. most of the people who do them refinance why go through all that effort just to sell. appreciation in columbus last 3 years averages 8.65%. we only do this in 3 zip codes in columbus close to the urban core where new construction values are about a 15% or 20% premium and where there is already a lot of multifamily and it's easy to get them approved on an infill lot.