People like the discussions that involve kool-aid spiking on parade floats.  

At this juncture it seems to be that prices are going to go further up but prices can also drop off sharply if there is sudden spike in interest rates, changes to fed's monitory policy or overbuilding.

It's only a matter of time before 98% of them are put on their heels. 

Financing was my achilles heel and I eventually had to drop the deal.I've dealt with several HMLs on smaller rehabs, but none of them were comfortable lending on such a large commercial space - most are used to SFR flips with a 3-6 month turn rate.  

They all look like bargains in hindsight now that rents have spiked.

But on the commodities trading part, based on technical analysis, we are quite close to the bottom of crude price, maybe one more spike down to complete the whole downturn (maybe ~$22 to 23 range).

I forget what BP member did an analysis of prices and days on market in the energy corridor recently in Houston, and days on market spiked dramatically and prices were down.

I am 6' in heels and will wear heeled boots when meeting with these guys to no avail.  

The first "spike" is usually following the first wave of migration pattern that occured in 2019.I am closely watching too if there's second wave out of migration from CA this year as the number of layoffs are gigantic.

Some of the information is state specific, but there are a lot of federal programs you and your residents may be able to take advantage of.On a side note, we have seen a tremendous spike in rental candidates interested in our available units.