My attempt at an FHA mortgaged failed, because I have 6 rental buildings and due to the pandemic, they decided my Debt to Income is way too high. 

I'm gonna play "Ken McElroy" here for a minute and opine on high level trends:  the pandemic shook up the nation's population in terms of where people want to live. 

With the pandemic, I had some life events that necessitated moving out of state indefinitely, and rather than sell, I decided to rent it out to at least keep the mortgage paid.

Great Barrington, Lenox and Stockbridge were destinations pre-pandemic.

No judge will be okay with a non paying tenant who also doesn’t appreciate the roof under their head that you provided them during a pandemic!

There was a brief lull in the market during the pandemic which allowed us to buy a new home under asking price and turn our old home into an investment property.

Rehabbing a home during the pandemic taught me to:1. be prepared for longer than expected holding costs. 2.

During the pandemic, lenders required HELOC's to be paid back within 30-60 days.

Shortly after the pandemic hit so my career took a total halt.

There are a few other forces boosting that demand as well, including ever-increasing rents (which lead people to become owners instead of renters), the ability to work remotely (which in NH has created an influx of people from more expensive neighboring states), etc.On the supply side, inventory had been on a downward trend for at least the past three years, and the pandemic exacerbated the problem.