What are your thoughts on the market now, post-covid and with rentals/prices at a significantly reduce price from last year?

Hey everyone, for my first flip, is a fire damaged house worth it (purchase price 40k-50k 3br).

Those who just try to copy the price model and not the operational leg, yeah they don't last long. 

Investment Info:Office Space commercial investment.Purchase price: $1,100,000Cash invested: $25,00014,000 SF Downtown multi-tenant office building

Given today's market.But conservatively, at those prices ($1,100 studio, $2,100 house) they would bring in$38,400 a year. 53% of that would go to fixed expenses ($899 mortgage @ 2.15% interest, $5.8k property tax, $4k house insurance).

But the investing for cash flow logic was only around for two reasons to put together at 20-25% down-- as it now is, and always will be a function of debt in the deal1) Centurial---not generational--but centurial issue with physical real estate asset prices.2) America's desperate attempt to re-ignite inflation with historically, and also possibly centurial if at minimum generational, policy on fed funds rates.Those two made physical RE have intrinsic properties from 2010-2017. 2-3 years prior and after that it will be less intrinsic but still resemble it, as it fades.People need to stop thinking this is the norm, this is the outlier.

.- National home prices have surpassed the 2006 peak.- Major stock market indices at or near all-time highs.- Housing construction, supply and existing home sales are all at recessionary levels.In other words, things are good.

The builder offerred $15,000 credit to be applied, however you wished EXCEPT can not be used for price reduction. 

This includes preparing the property for renters, pricing it right, marketing, application screening, collecting rent, dealing with unpaid rent and other lease violations, security deposit disposition, inspections, and so much more.

Check out PropertyRadar, similar pricing as Propstream but I found it to be better for pulling lists for vacant land.