Yeah, various factors kept adjusting but for majority part it was the same sport. 2020, everything changed.

Do they suggest how to enter the transaction accurately or enter an adjusting Journal Entry.

Nor can they see any construction plans to assess true value.

Those are buyers not renters unless there is some other circumstance.I think you are right about supply....apartment construction is just about to come to a halt and unless interest rates drop in 1/2 probably won't see that pickup for a while. 

However, this isn’t a sign of a long-term shift—it's a temporary adjustment influenced by a unique set of factors.The good news?

For a BRRRR if you are using debt most people will use some sort of hard money to purchase and a construction loan to fund rehab (unless you use cash).

I also see your point about avoiding bargain basement properties, especially insofar as tax shielding is easier with an asset of a reasonable size.Your point about barriers to entry is also interesting, since I suppose those barriers can be geography (natural boundaries of mountains/water), but you're probably referring to that which impedes future construction?

If you don't have construction experience, I wouldn't start flipping.

Housing has always been super affordable there, and new construction has increased in recent years.

Today, she’s cash flowing $400/month per unit, thanks to strategic updates and rent adjustments.