This is expected for the time of the year.Rentals - Months of SupplyAbout 1.6 months of supply for our target rental property profile.

I mainly am curious how people have raised capital for their first properties. 

If there is more demand than supply, this will be the outcome in desirable areas. 

I believe the main issue is 2 fold: 1.

My main goal is it be able to retire at age 40 from my main job and work entirely on my real estate portfolio.

I mainly bought it for the land, do not intend to rent it out for cash flow or what not.It is currently occupied by the previous owner.

.--- Another lawsuit resulted from owner's contractor taking down basement handrail to get supplies down the steps, then they didn't put it back and tenant fell down the stairs.- We also negotiate a reasonable completion date, depending on the Scope Of Work (SOW). --- Who gets all the phone calls and wastes time calming a tenant down because the owner's contractor doesn't show up as scheduled after they took time off from work or a 3 day job takes 3 weeks?

The PE investment feeding frenzy that started up 15 years ago as TOH parks started getting gobbled up is starting to slow as supply tightens. 

We find that having the tenant pay for all utilities and taking the small hit on rent we are far ahead over supplying utilities to the tenant. 

My main concern is the interest rates being so high now as to whether what I'm hoping to achieve is really even possible.