I've seen numerous articles stating that rent is down 20%-25%.

Bidding wars , sellers are pricing on the low side and getting 50K over asking  in the $400K and up .

Did I mention all off market without any bidding wars?!

I just discovered the War Room and think I’m going to jump on it - I think it could be what pushes me to that next level in my investing. 

Everything that Nathan G. said, and I'd add, if you know where to target a market in your area that has numerous rundown houses but good upside, you can often find reasonably priced inventory that has some upside in repair. 

I get it . . . builders aren't either party's key voter block, but if we're always satisfying the public more than doing what the public needs (i.e. democracy in non-war times) then we're unlikely to see new construction starts jump to where they need to be.So, the best time to buy investment properties was 25 years ago. 

Been looking at Kamloops/ Kelowna BC and can't even find anything that fits the bill - never mind the crazy bidding wars going on all over the place.

When someone has to factor in management with the high debt service, MKE has quickly escalated to a 5 CAP, no cash flow market.While you may stumble across one that shows promise, there’s a lot of other feet clunking together to create a bidding war on the same deal!

I have been exploring the Phoenix, AZ and Denver, CO area but both markets are too red hot and extremely overwhelming with bidding wars. 

There is numerous location in the U.S to target.