Like you, I believe once the COVID-19 lockdown has ended there will be a marked increase in foreclosures and evictions, clearing the way to more rental inventory.

Volume is down 55% from this time last year, but houses are selling at a median of 11.5 days on market at 98.6% of list price, and inventory has dipped to 1.3 months.

Great neighborhood with high values for move-in ready inventory How did you find this deal and how did you negotiate it?

Depending on your area and inventory you can generally increase value much quicker with a larger multifamily than multiple smaller properties as the larger properties are more in demand.

It still seems people are buying and selling but the inventory of homes has decreased which I though would play in my favor given the people still wanting to buy had less options which would push them towards my place.

The market felt for a while like December, just slower, but buyers are getting restless and we have not had enough inventory before, it got squeezed even more by covid, as many sellers did not want to have people in their homes and just postponed until later.

If you are open to townhomes/condos, we have some inventory less than $200,000. 

We were low on inventory before, now we have a corona squeeze on top of that.

If you decide you need to sell, here's one positive take away: This is a great market to be a seller w/ inventory as low as it is across the county + the low interest rates. 

We're a landlord city with a lot of older homes that need to be rehabbed.There are turnkey properties here, but it has been harder lately due to low inventory and a large number of qualified renters able to receive good rates.I also heard the areas you mentioned such as Little Rock, KC, and Memphis are good areas to invest in as well.Good luck!