It keeps your asset, but rising costs and no property management may stretch your time and energy.1031 Exchange into WA: If local management and long-term appreciation in WA fit your goals, this could work.

It seems that every 30'ish years there is 2 people who rise up in the Fam that have an interest in the CFO or REI aspect, and they are the ones groomed for the job's.  

Rising home prices for developers isn't new, but if you were in contract, what they did is most likely illegal.

As the questions rise, I will absolutely be reaching out to the BP community.

Even with multiple units, with current interest rates and a competitive market (prices have continued to rise even with higher interest rates) think the Madison market is a stronger long term ownership strategy, where the bulk of your return will come when you sell from appreciation in rents and property value. 

From my research Poughkeepsie looks like an area on the rise. 

I’m 99% sure California’s eviction Moratorium will also be extended due to rising covid 19 cases.

I always ask the question of a new investor: "Do you want to go the traditional route and pay 20% down for a property that cash flows $100 to $200 a month" which is relatively easy to do and buy 1 house and then wait a couple of years until you have enough for the next property, with rising real estate costsor "Do you want to learn how to buy multiple houses using Creative Finance that cash flow $300 - $500 a month with no limit on the number of houses you can buy" but requires learning how and taking advantage of the rising real estate values?

A duplex or SFH purchased around that time would likely have appreciated by 5-10%, depending on the neighborhood, and rents in Oceanside and Carlsbad have continued to rise steadily, offering a solid ROI.One client I worked with last year ran into similar frustrations with bidding wars.

With interest rates rising, has Norda seen more defaults recently?