Yes, 5,000 people per month are moving here and yes inventory is low, but with so many investors also in the market, my guess is that home prices are getting artificially inflated.

I think you are right about the hurdles that are artificially preventing some building. 

Markets can’t stabilize and recover until they stop trying to artificially hold them up in a myriad of ways.

The truth is the average family can not handle the financial risk of a $1.5m investment even though it is a good investment (largely because the Bay Area artificially restricts supply). 

That includes new tile floor, tile surround by tub, new vanity, and sink and replace the dated medicine cabinet with a new mirror.In the middle of the bathroom redo, he calls me to tell me the sink needs to be re plumbed.

On the one hand, I worry that the renter pool in a community that has more single family homes might be artificially increased due to recent economic/housing downturn and as people get back on their feet, they won't want to stay renters forever whereas in a more dense area, people tend to be renters for life.

Because Experian will artificially lower your biz credit score if you fall into the wrong code.

Call it analysis paralysis or just being young, but I never took my own medicine.  

I always have my cleaning people go through every drawer, cabinet, medicine cabinet, appliance and anywhere else trash or pests (or pest feces) could be to make sure everything is cleaned out prior to them moving in.

The underwriter is just verifying that value has been added to the property to justify such a price increase vs. the price being artificially inflated.How much did you put into the rehab if you don't mind sharing?