😳This is caused by a combination of buyers not being able to afford to buy with interest rates back up above 7%, and seller’s not wanting to budge on their sale price...a standoff.My guess is 2025 will likely be just like 2024 and 2023 if rates stay above 6%....

(Ironically, I'm sure a good portion of the people arguing against development are also upset with the government for not tackling the affordable housing issue.)If I were WIP and felt I just got cheated out of my right to develop that land, I would have put a fence around it. 

These areas tend to provide the best balance of affordability and rental demand.That said, Detroit’s market is unique.

As others mentioned can you afford the negative cash flow?

I don't think we will be able to afford a 1.5M+ mortgage without a huge down payment (sale of our house).I feel this would be going backwards as we would focus on one property preventing us to do other things.

If she is worried about her gas bill, she apparently can't afford to live in this unit.

They can't afford the double deposit, indicating they live on the edge at the moment.

These areas have affordable entry points, diverse housing stock, and steady demand.

@Mohamad Guene Investing in mobile homes near a university can be a profitable strategy due to affordability, high demand, and strong cash flow potential.

Health and safety inspections don't seem to care much about zoning or permitting issues.