Yes. build to rent in urban core adjacent neighborhoods. traditionally in our market in Columbus Ohio existing inventory was good 2014-2020. as prices rose, the cost to build started to match existing inventory prices because of supply shortage, especially for 2-4 multiunit dwellings. around that time we started to look at new construction and land. we found that land is a 12 month or more supply in our market which makes it a buyers market and you can design any structure you want in new construction. if you like a layout or floorplan all you have to do is design it. after that we looked at the right unit mix and Floorplans and layouts. we started looking at high rent per square foot layouts that were better than single family.

Seems like inventory is up 7.5% and population is up 10%?

Low Housing Supply 🏘️Suburban areas have limited inventory, creating opportunities for new construction & renovation projects.3.

Developers benefit from a ministerial approval process that bypasses discretionary reviews, while real estate agents gain more inventory to sell in high-demand markets.

I also have been telling investors that there's a record number of Class A inventory for rent in Reno and Nationwide, due to a large influx of project starts during COVID, that have all been absorbing at a similar time. 

The overall inventory is higher due to the season.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthWe are surprised to see a slight decrease MoM for January as the properties we listed for rent in January all rented quickly and at higher rents.

The market is definitely shifting, my market has more active listings than 2008 and spec home inventory is also creeping to to 2008 levels.

One key partner we work with that might work for you hasn't provided us with inventory for 3 weeks now. 

If not, well, a confused homeowner always says "No".𝗙𝗶𝗻𝗱 𝗠𝗼𝘁𝗶𝘃𝗮𝘁𝗲𝗱 𝗦𝗲𝗹𝗹𝗲𝗿𝘀: Look for property owners with a problem, in markets that favor buyers: increasing inventory, declining sales, price reductions, long days on the market.𝗡𝗲𝗴𝗼𝘁𝗶𝗮𝘁𝗲 𝗧𝗲𝗿𝗺𝘀: Decide the 𝘵𝘺𝘱𝘦 of lease option you are offering and craft the terms accordingly, agreeing on option to purchase price, lease duration, and monthly rent.𝗡𝗲𝗰𝗲𝘀𝘀𝗮𝗿𝘆 𝗔𝗴𝗿𝗲𝗲𝗺𝗲𝗻𝘁𝘀: Ensure your agreements are clear, legal, and protects all sides.𝗠𝗮𝗿𝗸𝗲𝘁 𝗼𝗿 𝗘𝘅𝗲𝗰𝘂𝘁𝗲: Depending upon the type of lease option and your objective, either assign the option to a buyer for a fee, or exercise it yourself when the time’s right.Lease options are a low-risk, low cost entry into real estate investing—start small, take action, then grow.

If you're all about quick cash, flipping could work—especially in a strong seller’s market where inventory is tight.