And then you had a massive boom in building so even when covid was over, you had too much inventory and less people with all that money.

You could be drop shipping from an Amazon warehouse business using leveraged inventory and doing the exact same thing or borrowing billions to buy NVIDIA GPU's to retrofit and add on to your own servers like my favorite business does, SMCI. 

Nicholas correctly pointed this out, that the ARV range is way too ambiguous and that is something you would really need to narrow down when trying to make correct estimates.  

One key partner we work with that might work for you hasn't provided us with inventory for 3 weeks now. 

Asset class, price range, neighborhood type, cash flow/appreciation, whether you want a rental portfolio or get into rehabs...It's easier to start from the goals and work backwards.

Is anyone using a good inventory management system to track supplies in your STR?  

Also worth noting that I’m not sure what price range you’re looking in, but $10k-$20k to cover down payment, closing costs AND reserves might not get you very far.

Loans maturing and in some locations lots of inventory coming online. 

Down side the houses in this price range are older and possibly not in best neighborhoods, more repairs possibly harder to find good renters.2.

There is a broad range of power that could be enacted that's meant otherwise.