It got worse with COVID supply limitations as well, and Ian is only compounding it.  

Compound that with the population and job growth year over year and you run into a situation where their is a significant housing shortage.

By borrowing money from banks and other institutions in a relatively safe manner, such as through a mortgage, real estate investors are able to compound their original investment in a more effective manner than with other investing options.When investing do you go all in to real estate  (at the start of your investing career) or diversify upfront?

If all goes as planned based on the power of compounding with rental properties, the 401k and Roth IRA that I'm building up now, wouldn't be of much value to me by the time I'm 65 because my rental properties should be cash flowing enough for me. 

You'd earn between 4 and 5% compound interest, have access to up to 90% from opening, and create a future vehicle for cash offers on investment properties.

“Preferred Return” means, (i) as to each Class A Member, a sum equal to 9%; (ii) as to each Class B Member, a sumequal to 7%; (iii) as to each Class C Member, a sum equal to 8%; (iv) as to each Class D Member, a sum equal to 9%,and (v) as to each Class E Member, a sum equal to 10%, in each case per annum non-compounded times the amount ofthe Net Capital Contributions of such Member calculated quarterly.

Add the limited financing opportunities (cash, HML, private financing, etc) of most off market RE and it compounds that these purchases are best left to experienced RE Investors.I also agree that wholesaler ARV and rehab costs are typically optimistic.  

The fundamental idea of investing in yourself earlier to reap compounded returns later is as sound as the quality of the instruction.The right mentor understands your struggles and stands ready to guide you.

Raising capital takes a significant amount of time and effort and is compounding.

I'm bowing out here ..