Recession happened and everything hit the fan after that.

We all know the last recession was really bad for real estate.

or right before that crazy 20% interest rates.. or the deep recession of the 70s/   then you had the late 90s dot com bust which effected some markets.. then of course the mother of them all the GFC  caused by CRA and sub prime lending... and over exuberance in real estate in General... that if anything would be the only thing I see as common thread over exuberance and everybody and their brother gets into it with many not qualified or experienced enough then they cut and run like they were dumping a bad stock.Just my thoughts.. curious on yours. 

However the real estate market is recovering from a recession in the last couple of years and rents are inflating even faster than property value.

In this case, if banks get greedy to lend money to investors who aren't really qualified to flip homes, and they don't stay conservative in their underwriting, they will once again end up lending money to "newbies" as investors who make mistakes and could easily get under water in the event of a recession or correction in home prices.

The housing prices there are still lower than pre-recession (2008) prices, meaning there's in theory room for them to grow.

The housing market is at the highest it's been since the recession.  

The Atlanta market is on fire right now and essentially at pre-recession peaks.  

This can cut both ways, though ... in a severe recession, retail buyers can't afford to buy.

It is critical to make sure the screws do not pop through the drywall paper, and they will want to do that, so I have to sometimes leave them a bit out instead of recessed.