Was the home in a build to rent community, meaning it was all investor owned houses?

I sold a few buildings over the last 12 months (40 units total).

With him being a Real Estate guy, I cant see him doing something that would put a huge blow to the industry.Maybe the majority of our building materials is produced domestically?

Also, there is a lot of new competing rental supply coming online in these areas and a few of my developer friends mentioned to me they are seeing downward pressure on new build rents.

By offering real value in a way that has high demand, I’ve been able to build strong relationships with people who are actively doing deals.

My main objective is to grow my business and really build out my network with professionals on this platform! 

The only way to know if your idea is worth doing from a wealth building standpoint is to do the math:  What is the cost to acquire?

How SB-423 Accelerates Coastal Development: // Faster Permitting ·For projects with 150 units or fewer: - Eligibility Review deadline: 60 days from submittal - Approval deadline, including Design Review: 90 days from submittal · For projects with more than 150 units: - Eligibility Review deadline: 90 days from submittal - Approval deadline, including Design Review: 180 days from submittal · No public hearings or environmental impact reports for qualifying projects // Smarter Development Rules · Excludes high-risk areas, like those prone to sea-level rise · Ensures projects meet affordability and public investment requirements // More Housing, Less Uncertainty · Projects stay approved if at least 50% of units are affordable and include public investment beyond tax credits · Opens up new opportunities in previously restricted areas · Clearer guidelines help developers plan with confidence

There are tons of other metrics to consider such as rental rate, job demand, growth, path of progress, taxes, schools, crime, and on and on.

My dad was a contractor, so I've grown up building houses, remodeling, etc.