After realizing he wasn't truthful with me, I ended our relationship.The second contractor started on the flooring but then got COVID and had to leave.

Further ,we could have “flipped” the property to the same buyer at almost the same price in a matter of DAYS, and would have except that 3 days after our purchase the buyer’s financing was shut down because of the COVID pandemic.  

We achieved similar results during the COVID-19 pandemic and the eviction moratorium.Average rent growth and appreciation from 2013 through 2023: >8% and >15%, respectively.SummaryProperties don't pay rent; tenants do.

For the 10 year period spanning September 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.8% in that period.With inflation nearing its 2% target and signs of a slowing labor market, the Federal Reserve last month made its first cut in to the federal funds rate since the start of the COVID pandemic.

They need to forget about the covid era DOM times and adjust to the new normal. 

The results were similar during the COVID-19 pandemic.Between 2013 and 2023, the annual average appreciation and rent growth exceeded 15% and 8% respectively.Vinay, I applaud you for wanting to help people.

How do you think these peripheral markets will evolve in the next few years, especially as both groups continue to look for opportunities?

Here for 3 years during COVID we had a boom.  

In the 10 year process new construction exit prices were 350K- 420K during 2016-2017, by 2019, 499K-520k were starting to move. 5 years later ( accounting for COVID and mortgage rate changes) prices are up around 650-800K in the same area. 

Cashflow died after covid with all those old rules.