This will give you a good idea on supply/demand as well.

lol and could take longer period of time to complete) with fixer/turnkey older homes: (which you probably know already) con: - had to worry about HVAC, water heater unit being old and not replaced yet - if it was somewhat fixed already - dealing with potential short cut work from previous contractors - find any unforeseen issues that you'd have to have trustworthy people in place to find out for you (with your due diligence in place)- could have issues after purchase when you try to do your rehab Pro: obviously even with those issues above, there "could" be more ROI in place when its done.New construction: con: - not much addition to do to add more value to your home - Hoa fees could be higher - because newer neighbors use CPM (community property manager) in the beginning - Need to know if the neighbor has a cap of rental properties before purchase, and need to purchase quickPro: - like you mentioned, less capex and maintenance - potentially find a tenant faster - most of the things in the house has warranty up to 5 years Also, if you do end up buying new build, look around the area to see if there are more new constructions going up, it could indicate that population in the area is growing and the area is in demand. 

It all comes down to supply and demand of capital and risk/return profiles. 

I’m not an expert but I believe this means the house supply is short and demand is high?

He's already balked at giving her back the security deposit, so she's asked me to help her write out a letter to him with a formal demand.

Supply increases, demand decreases, defaults without foreclosures (not allowed for now but will be soon enough) will create a new real estate panic Government will require banks to loosen the grips that were put in place after the last crash.....

These stores and restaurants can not get enough employees for the demand and are hiring.Many of these jobs are very low risk to virus exposure, eg. the pizza cook never sees the customers, puts the pizza into a box and slides it over the counter to a person with gloves and face shield who takes it to someone's car.  

That inflation rise and decline are affected by money supply (add more by printing), demand shocks and supply shocks. 

Costar sees signs of multifamily trouble: Multifamily cap rates risingLooks like investors finally starting to demand real cap rates and multifamily will begin trading on present performance and not future rents. 

“We have to start demanding more.”From NYTimes article... where are our reps?