Inventory. 

I ACCIDENTALLY stumbled upon new construction and got "stuck" with inventory that would NOT move when rates started to climb.

With median home prices hovering around all-time highs and inventory below normal, first time buyers in particular have been squeezed out of the market.

Home sales have reached their lowest point since 2010, driven not solely by high interest rates and low inventory but by shifts in household incomes and confidence.As fewer people search for homes, this altered sentiment trickles up, impacting business and investor confidence.

Doing this requires both a healthy inventory of deals way under market value and a large list of serious buyers.

I've been focusing on fourplexes as a first investment to spread vacancy risk but the inventory in my driving area is pretty low.

The last years have been tough to find deals, but it is getting a little easier now and I talk about numbers on my YouTube channel: we have seen more inventory in the market in September than at any time in the last four years.

I get mailers from James Wises  Holton Wise company every week on my inventory in Cleveland and he is a Broker. 

Very competitive and very low inventory.

Ahead of schedule on inventory, short term pain for long term gain.