We had in fact a Jumbo renovation loan that is now paused for an unknown time due to market turmoil.

Note the status options:"In Review" = submitted and in plan check"Active" = permit granted and construction underway"Inactive" = project paused"Final" = certificate of occupancy obtained / construction completeObservations:-Significant uptick in applications with multiple units, with a handful of projects with 5+ ADUs-Virtually none of these projects have been approved ("Active") or completed ("Final") yet, with just 1 project with 6 units active.

That may happen where you are (I’ve seen it in our market right now) where sellers have to sell for other reasons and are taking way below asking because every investor is on pause.

I literally took a pause when you said he wanted to be his own GC without having a license and experience in that capacity. 

Still need more treatments to be sure.My contractors have been on pause ever since an inspector put us on notice about needing permits.

I suppose at the very least, those who have not paused to think about all the other rules that might apply now have some insight that - other concepts apply to the actions that are often seen being carried out in the market place and that doesn't mean they are proper.

does really make you pause.  

I run numbers on properties every day that will net under 5% on a cash sale by the time I subtract Texas's high 2-3% property tax, insurance, 10% management, repairs, and vacancy.With brokerage CDs now over 5%, for me it makes sense to pause on RE till prices come down/ rents increase.If you are looking for a 7% + return its a waste of time running numbers unless the rents equal 1% of sales price I am finding.

Then pause so they can feel validated.

But now that I know I’ll be moving to CO I’ve paused that and intend to use my funds out there.I am open to alternative options as well.Thank you for your time!