If there is nothing on the market, pent up demand, you may be able to press up on the value of the comps. 

I think there's a lot of pent-up demand for that type of offering.

Looking at some of the recent stats in the 19th ward, it looks like there is a pent up demand for multi units.  

I think there has been appreciation in Indy market from pent up demand, which is good but there are still 10K homes that need to be absorbed.Having said that, the prices in Bay Area are ridiculously high and are at a greater risk of decline than Indy.

Hi Elias,You would need to run an analysis of your market to determine what is possible.For example if all you can buy is sellers wanting a 5 cap in your market with older buildings that those are tough deals to make work.Instead if the pent up renter demand is there and you have a city or county that is pro-growth with planning and zoning than chances are good a new build might work.

This may be true, but the inventory released is pent up due to expiries from covid forbearance, most likely all of these loans will be heavily scrutinized by the numerous regulators, and will be difficult to navigate. 

Divorce courts being closed for so long (specifically, a year of shelter in place....) created a pent up demand for divorce related services, including appraisals. 

Demand for our properties has been at historic highs since Covid due to pent up demand - a busy time!

The thing is, there is such crazy, pent up demand!

There was a lot of pent up anger at landlords in general, COVID just put a spotlight on it and gave them the political clout to enact further restrictions.