I think as this housing shortage keeps growing, we are going to see fewer areas zoned single-family only. 

Still a housing shortage here.  

This method is reasonable because Las Vegas has a unique situation (land shortage plus population growth: source, [source](https://www.macrotrends.net/cities/23043/las-vegas/population#:~:text=The current metro area population,a 2.7%25 increase from 2020.), source) so rents and prices are almost guaranteed to increase significantly over time.The downside of this approach is that we cannot accurately estimate ROI and cash flow until we get the property under contract, since we do not know the interest rate.Allen, this was a lengthy response, but I hope it answers your question.

Another issue could be to find the best deal as there is a shortage of MF houses in the range I would wantColumbus, Oh - This is a market about which I have heard from a lot of people and my research shows it is quite fabulous.

We have a real shortage of rental properties in the Boise area so I always get a few Hail Mary applications- those who know they don’t meet my criteria, which is beyond strict, and apply anyway.

We have a housing shortage, so the direction will not change any time soon.

I don't know about your city, but Minneapolis and St Paul have an affordable housing shortage, so the gov also cuts my property taxes by 40% to provide sec 8, which is an added benefit. 

It's close enough to SJ, it's the capital city of CA, our job market is very diverse, we have an incredible shortage of housing so rentals are in huge demand, unfortunately 600k duplexes are out of reach for most local residents, but very affordable for Bay Area investors. 

Currently lumber prices and labor shortages seem to be two big factors in the price of new construction going up fast.

Visiting family members, short term hospital or university staff, maybe a few tourists, and the folks getting squeezed between selling and buying a home or between rentals due to inventory shortage.