There is more inventory for single family homes than multi and I've done research on the allowable rent payments based on bedrooms.

Home prices are very reasonable, Taxes/Insurances are low and they offer more inventory. 

While Phoenix does offer more inventory, depending on whether or not you are set on a specific area, Tucson does offer some good potential investment properties for STR.

So will more inventory hit the market in 2025, probably, but the key is, is it quality STR inventory hitting the market. 

Review all househack/multifamily listings that come on the market so you can get a sense of the inventory. 

Hi Brian,Fellow Triad investor hereYou’re right that multifamily inventory in this area is lacking.However, I think there are plenty of non-multifamily properties in the Triad that are conducive to house hacking. 

WE've tried to get bankruptcy properties and after buying and selling more than 1,000 properties for my own inventory, never sucessfully got a BK. 

Inventory continues to increase and people are getting desperate to get out. 

Market in a MinuteEast Tennessee home sales increased 5.2% from the previous month, and increased 9.3% from a year ago.The median sale price was $374,950 — up 7.13% from the previous year.Total housing inventory increased from the previous year – up 43.2% from a year ago.Half of the homes sold were under contract in 15 days or less, up from 9 days a year ago.44.61% of homes sold for the asking price or above, with 23.72% selling for more than the asking price. 10.32% sold for at least $10,000 over asking and 4% sold for at least $25,000 over asking.The sale-to-list price ratio decreased from last month to 98% – down from 98.6% a year ago.New construction represented 13.28% of total home sales.If you want to nerd out on the market here I'm always happy to chat.

As Indy continues to grow the inventory for older builds is still high and the cost of entry and relatively low.