My wife and I do just a couple of deals a year, so we wouldn't have a pulse on day to day affects.Dallas is currently seeing gas shortages, many gas stations are out of fuel and there are lines at the rest.I talked to my mortgage broker today and she told me that the lenders have put holds on all of the closings and are requiring appraisers reappraise all of the properties before they can close.We have a ton of shelters here in Dallas that have been opened up. 

I cant speak for or against Fayetteville, but you want to be in an area with a shortage of affordable housing.

Right now I am looking at a fund shortage of $15,000.

There's no shortage of shady agents.

There is no shortage of great deals so the time and effort should be WELL worth the return.

No shortage of wholesalers/flippers/investors trying to get in there.

I can't see there being an actual rental shortage, at least in my area.

I am also looking to acquire my first deal.My first question:Are markets that suffer from an inventory shortage typically much harder to find deals for buy and hold investing?

If they can get that, in or near the same building, you'd have NO shortage of interested buyers.Fremont is doing this, with its new BART station and mixed-use development around it. 

If there is a notice of escrow shortage that occurs during the time the seller owned the property, the seller agrees to pay the escrow shortage.If the Seller does not pay the escrow shortage within 30 days of notice, Buyer has the right to deed the property back to Seller.Seller understands that although our payments will be made on this loan on a timely basis, the lender above mentioned, or its assigns, may demand payment in full of the outstanding balance of the loan.We understand and accept the risks involved and agree to proceed with this transaction in light of these risks.We further understand that Buyer will make the payments of the loan in a timely manner.However, Buyer cannot make a commitment as to when the above mentioned loan will be paid off completely.Seller understands and agrees that Buyer may rent or owner finance the property until the retail buyer can obtain new financing.We agree and understand that the property mentioned above will no longer be legally ours, and we agree and understand that we may not legally depreciate said property on our federal or state tax returns, nor may we claim any income tax deduction for the interest payments, taxes or other expenses thereon.