There is a shortage for affordable housing in this nation so being a section 8 landlord is right where the money is! 

Hard Money lenders have raised borrower equity requirements due to a shortage of available capital. 

Like much said on this thread- there is a shortage in single family homes and many are being sold here for upwards of $50k over.

Not in any way trying to discourage you but do know that the current market (severe inventory shortage) is extremely challenging to find deals that will meet your criteria (ITP at least).

It seems you almost have to act as your own GC in some of the towns outside of Detroit with contractor shortages.

Rental shortage galore right now with people moving into the state.  

However, there's actually NO pysical oil shortage in the market, it's just market disallocation because country can no longer buy Russian oil and needs replacement.Having said that, in my own thinking :- If oil , coal , gas price back to normal , CPI number is going to lower and the MBS market is stabilizing, we may see 5% or 4% again.

There's a shortage of housing in the school district, so it's ripe for development.

The construction industry currently has a shortage of 650,000 workers according to a recent CNBC article.Also noted in the article, "The construction industry is now paying 80% more than the average non-farm job in the United States."

Many governments in northern Michigan are passing and/or working on rules to restrict STRs because of the housing shortages.