I certainly agree with Jon that if an investor has other inventory to choose from that is cheaper, you'll have an issue, but $800/month for $40K is great return, and I would still bet you can get it sold if there aren't better deals in the area.

Shadow inventory, AB284, and several other hot topics bounced around the panels.

If that was the case, that market would have no inventory as all the local investors would buy all that inventory right up not to mention, prices would not be depressed.

I have been looking at the cities where we buy and the market has become so hot with very limited inventory.

I'm looking to pull the trigger in the next 4-6 weeks depending on what kind of deals/inventory can be found.

I would consider a 3 month supply of rentals to be a glut of inventory.

So you advocate waiting until I have something under contract before I give them a call, rather than calling them with no inventory.

Marie Poe Sounds like with these sort of inventory levels the wholesalers are going to go out of business!

Hopefully it won't lead to a overbuilt apartment inventory and a saturated rental market.

The price gap between "distressed" and retail properties has quickly closed with inventory being low.