There's so little inventory that when we do bring a flip property to market it gets multiple offers within a couple of days. 3.

Phoenix real estate inventory is really, really low and demand from buyers is extremely high.

Better in my opinion means that it has all the top economic indicators, plus it has affordable housing, low inventory and up-coming inventory.

Look at a  10 year window to build a small inventory without getting highly leveraged. 

Las Vegas Nevada still has super low inventory.

Since you are a developer, then real estate is considered inventory and the loan documents specifically says that the borrower may purchase or sell normal inventory in the ordinary course of business.

Greetings BP Family,    I remember when the Corona Pandemic first began, there was so much talk about all the opportunities to come, the lowering of housing prices, the sea of foreclosures to come ect....Quite Contrarily, Ive noticed that it has only made things worst and more competitive for buyers, once again giving the power to the seller.Some observations:Prices have gone up- I saw a house that was listed two months ago in probably a F class neighborhood relisted for 25,000 more this weekThere was already low inventory, so now that there are even less homes for purchase...folks may have to fight over the few availableAuctions are suspended so this is one less route to explore.

Supply was already extremely low precovid, and covid cut the inventory in half.

We have the benefit of a large inventory and thousands of past and current tenants though.

Sure you have a lot more SF buyers, but we also have about 50 times as much inventory of SF.Also, are $1,495 and $600 actual rent figures where you are?