We had a specific aesthetic we were looking for and a lot of the big-box furniture stores were out of stock of almost everything due to the supply chain interruptions from COVID.

Then continue to use those funds to BRRRROR2. 1031 Exchange the funds and pay market value (which I think is actually overinflated because of the supply shortage) essentially overpaying 50-60K on $700k worth of assets.In my mind, I'm thinking it's better to be cash heavy right now for when defaults come and continue to BRRRR and get the lost taxes back through wholesales/flips bought with the cash rather than overpay and lose the same amount on overinflated prices. 

Plenty of supply if you choose the right property.

cost to build went up significantly because of supply chain. so builders need to pass on the price changes or simply not sell you the property.. 

In my case, I just have supplies and tools for repair projects.5.

Supplies (How to you gauge how much you will need to spend a month?

Previous rent comps were closer to $2,500 (supply/demand still askew in our market). 

This is an interesting article discussing the end of the forbearance program. The number of homes coming off the program is 1.5 million, with 1.3 million as inventory nationally now.As they note, many will resume payi...

You need to be sure you know the current regulations.  

Also to add what was mentioned above, we have found excellent designers that you can hire for an hourly rate, that in a short amount of time can basically design and pick out all of the supplies needed for the job.