They can vouch for each others observations. 

We’ve observed the housing price increase, similar to the one noted here, but also seen a vast difference in what goes into a project.

It is a real estate observer. 

While in line, I will make comments to observe reactions.

There have been recessions and bear markets.Yes, I would agree that the arrival of a flu pandemic on our shores was likely not the method by which the casual observer or even seasoned economists would have guessed as the trigger for our current economic situation.

Partial answer;1.1  Money not actually spent, just put aside for reserves, is not deductible.2.0  Based on actual costs, plus acquisition/closing costs, plus "get ready for rent" costs, less land---not the value of the property.3.0 Don't know any formula-  use myamortizationchart.com  But, an observation:  I don't like the idea of spending an extra $1.00 to get 0.25 back. 

That’s just my thoughts and observations in my tiny local market though.

On the rental side, cheaper prices means a lower down payment and more cash flow. did not mean you personally just making a general observation of those I see in the business over the last few decades they are very much driven by public sentiment.. and all it takes is one article like this and they get nervous.. and then its see I told you were where going to bubble and pop  LOL

Thanks for the observation.

Another sad thing observed.