Places like San Francisco and NYC usually have almost no vacancy if it is a good unit because there is a shortage of stock there while places like the mid-west can run 5-12%.

It is becoming very hard to find deals in the current market with the low inventory and the shortage of housing in Denver.

There's a massive inventory shortage, and families with financing are having a hard time finding homes because there is so many cash investors from the West Coast and East Coast buying here.That's my perspective, but I may be way off.

Is it strange to you that the government creates this kind of incentive at year 8+ of a real estate bull market and with persistent labor shortages in the construction business?

It's also a plus for LL's that there is an incredible housing shortage (for the past 20-30 years) and never a shortage of people looking for places to rent.

Or is it just a basic concept that only a totally incompetent clown (of whom there's no shortage) would miss?

If I buy a pallet of water or toilet paper during a crisis and shortage, and I charge five to ten times the typical amount normally charged, I would be crucified on the entire internet.My point, there are many wholesalers, some out of ignorance who have learned through YouTube (some channels), Social Media (i.e.

I was including water(electricity is metered separate for each unit), 2% vacancies (this area has an extreme shortage of rentals), 5% cap.

There’s definitely a shortage of rentals in that area. 

For example: I never have a shortage of leads.