We saw huge appreciation in the 2018-2022 inflation run up, but that has significantly slowed these days in my opinion.From a rental perspective your monthly income per unit after all expenses with a typical 20% down payment is likely $100-300 when you find a property that will cash flow.

I’ve had the most success with quality for lower cost by hiring guys who have full time jobs doing the same or similar for extra cash during the evenings, but then progress is slow.

Slow down to go faster.Many blessings to you! 

On the other hand, what if you get hit with a slow year and have $0 profit?

If either you or the investors are not highly experienced, this system is very very difficult to slow the first couple flips profitable. 

I think we all get fatigued from time to time, and I think it's worse when things are "slow" because of economics or demographics or whatever.

Yup and its a joke when you have these proclamations from those running for pres that they are going to magically accelerate construction.. they can do it if they want to pay 100% of it.. but if they expect the private sector that has to work through local zoning etc.. that aint happening and you cant force people to sell the land cheaper than they think its worth or can get on the open market just because we need starter housing.

Has the inflow of new families to Cape Coral slowed down putting pressure on rental growth and appreciation?

Tyler,Within my 20 years of experience as a landlord, if I had $150k and good credit, I’d focus on either flips for fast capital or rentals for long-term cash flow—trying both at once can slow you down.

And tenants have many tactics to slow down the process.