Great observation, Ron.

I made this observation last year that the "vacation markets" such as Scottsdale, AZ took a dive when economic activity slowed down (and COVID money dried up).

If there was any, you did not have many properties to work with.At the end of the 3 day workshop when they pitched the different tiers of mentorship programs, I remember an older gentleman who could be my grand pa decide not to purchase any program because after hearing all their spill he could not see or observe, I quote "Phill Grove have skin in the game" for the mentorship program.

Get a new Contractor to follow the drawings you already have and retain the Architect to do site visits to observe the progress of the work.

Ensuring Clear Title make a research is the key, there are professional bidders or auction representatives who can bid on your behalf at auctions, Attend local auctions as an observer to gain firsthand experience and understanding of how they operate, As you proceed, always conduct thorough due diligence on properties of interest, including property inspections, financial analysis, and legal review.

It will give him credibility.I have done this with several new investors where they lend to me on one of my deals and they are added to our WhatsApp group where they can observe the process and ask questions.

@Dave Bingham Absolutely-- I think your observation is spot-on.

These are just a few examples I've observed.  

Have you observed any emerging trends or shifts in tenant preferences that might influence investment strategies in the multi-family sector?

Here's what I've observed: in the areas with the best growth potential (for both rents and appreciation), existing small multifamily is very scarce.