M2 has not come down much since it's post-COVID peak and national debt as a percentage of GDP is at a record high.

Looking for guidance on options. new builds aren't hard to finance and I would argue they are preferred to existing fix and flip loans, especially if you have experience. banks look at your experience, your builder's experience, loan structure, permits, etc you need to get an experienced builder familiar with advanced underwriting and negotiations with local, regional, and national lenders. in columbus we do ground up construction for clients at a 20% discount so they can BRRRR out of the new build with equity and we have pages and pages of data on what we build and why and it's all supported by market statistics. 

And any that ask for any kind of commitment fee up front thats a fake lender.. two big national lenders are Kiavi and Lima one these are direct you can start there and they are very transparent with what kind of experince you need and pricing. this is what market pricing will be..

It isn't the metric you can talk about on a national scale, but if you keep buying the same product in the same area it is a very easy quick and dirty method to know how you are doing compared to other buys. 

In case you have not noticed, our national debt is already out of control, and there're legal limits on additional borrowing.The government has a third option: print more money.

San Diego is a competitive RE market with decades of near top of nation appreciation and rent growth.  

I talked to numerous California investors in real life and phone/Zoom calls who have lost money in far away OOS markets, mostly Midwest markets (e.g. repairs, capital expenses, bad tenants, properties vandalized while under renovation, evicted tenant stole all the appliances, property managers with high fees or overcharging for repairs).

If you could find any news stories, that might be a place to start, or even share national housing shortage data.

The complexity of selling nationally forced us to expand our headcount.

Just remember, you can't close on the replacement property before selling your current one.Qualified Intermediary RecommendationsFor intermediaries, I'd recommend starting with some highly-rated national firms.