If you are the lone supplier of a specific housing product and there's pent up demand you will absorb your units quicker and have tenant stay longer given the lack of alternatives.

(Minimal competition, high demand, and 20 year operating history with repeat & longterm clients) Agreed!

Yes, taxes and insurance are higher, but Tampa has strong rental demand, and you can still find properties in growing areas just outside the city where cash flow is realistic.

MFDUs in high-demand areas like Asheville might be limited, but it’s worth keeping an eye out for smaller duplexes or triplexes that align with your budget.If neither works, continuing to rent while buying a pure investment property in a more affordable nearby market could make sense.

This person was one of our first guests and a scammer who found one small thing and complained about it to Airbnb demanding a refund.

I would also question how the house gained 55k in equity, or ~24% in 2 years when interest rates rose and demand fell.

Appreciation is a real thing and not only this the demand for quality low-income housing is real. 

Multifamily doesn't need any more pressure/demand since cap rates can really get low when too many people pile in, but I have to say that commercial real estate (including large MF) and other types of passive investing (mobile home parks, storage, etc.) can really make like much easier.

He began taking the tools out of the house and demanding he receive money.

So even though the total housing numbers may go up, they are not meeting demand for the working class renters who need affordable housing.