If these groups are significant, it suggests there’s pent-up demand that could enter the market when one of two things happen:Rates Drop - Rates fall to levels that allow more buyers to qualify for the homes they want.Buyer Expectations Shift - Buyers realize that 5% rates aren’t coming back soon and decide to move forward.Based on the increase in activity I saw in Sept and Oct in my business, when rates hit low 6s, I'd say my market has plenty of pent-up demand. 

@Charles GranjaWhile you certainly make valid points, I’ve come to realize that this unscrupulous company is quite devious, and getting things transferred from them could be a challenge.

I don't have the skill set YET to gauge rehab costs and try to BRRRR, but I'd like to learn.This is definitely a choice but my option is that you will do better if you focus on duplexes and cherry-pick a few SFRs as you come across them.As for your Strengths, it sounds like you have an excellent ability to save and your ability to bulk analyze data will serve you well to identify big-picture areas, property types, and characteristics to focus on.I like that you realize the first investment will not be your best investment.

At first I thought 10.625% until I realized that was for your down payment.

VRBO collects state tax for our little cabin but they don't collect the county hotel occupancy tax and I didn't realize it until this week.      

If we are purchasing properties when the market is a highly appreciated seller’s market, we need to realize we may be in DUMB DEBT and should be prepared for the risk of suffering the consequences if and when the economy turns for the worst and goes into a recession as this will likely cause values to drop.

The other 40% realizes it will cost a lot of time and effort to move and that they’ll likely be paying even more afterwards.

Adjusting for it allowed him to realize his property’s ROI was still positive but not as high as initially hoped.

We stopped using it because we realized we had missed out on opportunities where neighborhoods were on the verge of gentrification or there was an opportunity to invest in a project with potentially great returns and no change in the demographics.

I got a response that was clearly AI, didn’t even realize I had already checked out.