Detroit also saw a small population increase in 2023, the first uptick in almost 70 years, which is a promising trend.

It may seem a little scary at first but its a growing trend that buyers in states like NJ look outside for good cash flow deals.

Are buyers leaning toward creative financing, or are there other trends you’ve noticed shaping the market?

On the other hand, non-local lenders may offer more competitive terms or flexibility since they're not tied to specific regional trends.

I’m not super keen on having long-term tenants in a single-family home in California, but I’m open to advice on that.The house is in decent shape but could use new flooring, a paint job, and potentially heating and/or central AC, as well as blocking/taking out the existing fireplaces (don't love the idea of fireplaces in a rental). 

Do you have enough time in these that you can show consistent trends in expenses and vacancy rates? 

I have a 3 BDR one bath  house in Maple Heights Ohio that I am considering renting to section 8 tenant .CMHA chart for the house zip code showing a max rent of around $2000 for 3 bedroom.I know market rent of my house is approximately 1300-1400 $I am adding efrigerator and oven.The house is older but in decent shape.

This is mainly due to the large amount of inventory and still high prices (though they are trending downwards).

(for example, before me moved in the house in 2021, we were renting an outdated 2bd apartment across the street for 4 yrs, apartment complex amenities were in a very bad shape (unusable), and we were paying about $1,600/mo and they were about to increase it to $1,850/$1,900.

Ive also noticed a big trend in private lenders originating 2nds and gap funding and whatnot.