There is a shortage of decent rentals . 

Most areas now have shortages of units available because many landlords have exited the business or won't rent due to bad government policy manifested by the moratoriums.

We have a national housing shortage to the tune of 5 million units and at the moment the hole gets still bigger.

It's currently the fastest-growing city in the country, and there is a major housing shortage.

And this severe housing shortage will keep demand very high for decades no matter what the interest rates are at.

There is a genuine housing shortage for both rentals and investors. 

And here's why:Key Takeaways:1) The market is following the original year-over-year appreciation trendline from 2014 upwards, indicating sustained growth and stability.2) Supply issues in Reno's housing market are once again in focus, emphasizing the need for strategic solutions to address housing shortages.3) Exciting developments, like Tesla's massive expansion to manufacture electric semi-trucks in Northern Nevada, will further strain housing availability, signaling continued demand.4) With increased home prices, we anticipate a ripple effect on rental markets in both single-family and multifamily sectors, driving up rents due to housing unaffordability.For California investors in San Francisco, Oakland, San Jose, Sacramento the proximity of Reno and stability of investments are attractive. 

Unfortunately, factors like a hardening property market, inflation, labor shortages, increased building costs, and an increase in claims frequency and severity have caused our carriers to require increases to both rates and coverage amount minimums to keep up with these market conditions.

As a result, I discovered that many aircraft owners like me were experiencing a shortage of hangars.

In other words the gentleman had more to lose than Phill Grove on that transaction.Each and everyone will surely have their own experience and there will never be a shortage of genuine individuals willing to steer themselves away from perpetual 9-5 until retirement, so there will always be Gurus out there.