When do y'all think this trend will reverse? 

Or should I grab plans from a local builder and work with their architect to modify the plans to more of my style?

The first rate cut is now projected for mid-2024, but this could change depending on inflation trends and labor market conditions.

There are some things going on you will want to be careful of, Daytona has banned STR in many areas and the Condos...special assessments for certain ages and styles after the Miami incident have made a lot of them unaffordable.

Are you going full tenant-style background checks or using something lighter for short-term travelers?

Housing costs continue to be a major contributor to inflation, with shelter prices rising 0.6% in January, keeping pressure on affordability.Despite these inflationary trends, the Federal Reserve is not raising rates and is keeping its benchmark interest rate steady at 4.25% to 4.50%.

Any particular style of house that interests you?

See the map below for where these zip codes are located.Note: The following charts only include properties in the above zip codes that generally match our property profile: single-family homes featuring 3-4 bedrooms, 2-3 bathrooms, 2-3 car garages, 1,100 to 2,400 square feet of living space, 1 or 2 stories, and lot sizes ranging from 3,000 to 6,000 square feet, built on or after 1985.Appreciation10-Year $/SF by Zip Code 2015-01-01 to 2024-12-31From the above charts, these zip codes appear to appreciate the fastest among our target areas (based on annualized growth rate)89032 (North Las Vegas), 11.0%89015 (Henderson), 10.4%89143 (Centennial Hills), 9.9%89031 (North Las Vegas), 9.8%89138 (Summerlin), 9.4%89141 (Blue Diamond, Southern Highlands), 9.4%89128 (Summerlin), 9.3%89123 (Silverado Ranch), 9.1%89129 (Northwest), 9.1%5-Year Pre-COVID $/SF by Zip Code 2015-01-01 to 2020-03-01The COVID market frenzy and the subsequent dramatic rate hikes significantly distorted price and rent trends.

Looking to build strong relationships and share insights on market trends, deal analysis, and renovation strategies.If you’re investing in Memphis or have any tips, I’d love to hear from you!

Any trends with rates, LTVs, or underwriting?