This chart I thinks shows it best, inventory does increase over last summer/fall though still well below historic norms, but it actually starts coming down over the winter. 

@Abigail Kingprimarily off market although, i've started to engage on on-market deals if i think they will fitvery difficult to find

Hope this helps you get started, and good luck with your first property! 

We need to start tracking the stats that count around here!

If you can rehab and refinance (BRRRR) to extract all investment and achieve neutral cash flow you would have infinite return (most of my RE investments have achieved infinite return but the cash neutral has in particular gotten a lot more challenging when the rates rose starting Q2 of 2022).Any money extracted via a refinance is tax deferred. 

I'd say start the process of securing your HELOC if you havn't done so and spend time analyzing deals and determining what type of investor you are looking to be. 

Together, the property nets us roughly $1,400/month after expenses.Equity Split: My partner owns 60%, and I own 40%.I'm exploring ways to take out my equity without disrupting this deal, as I feel this isn't the best financial decision for me right now.

Start by leveraging what you already have—consider tapping into equity through a HELOC, house hacking again with an FHA loan, or increasing cash flow by converting a unit to a short-term rental.

I remember when Lending Home, now Kiavi started, there really wasn't anyone other than banks and private individuals that would finance a new build...and those were hard to find.

Lease options, and there are a variety of types of lease options, can be a good starting strategy for many aspiring investors.