Because of the drought in California, water is being pumped from really deep underground in order to supply water to the farms.  

Citing supply and demand when talking about an inelastic need like housing is just empty rationalization.

Seller has no leases with current tenants, no security deposits, and will not supply copies of license and inspection reports.

Does anyone have a good recommendation for a company that can create a professional flyer, and mail them to address's supplied by me?

The numbers that were supplied from the selling agent are SOOOOOO bad that I cannot even guestimate what the heck this seller has going on.  

While there have been voluntary restrictions put in place in the past, I believe California and other Southwesterly citizens need to take immediate action to help reduce water usage to re-supply lakes and aquifers as much as possible."

We are hitting the summer season where buyers will be out in FULL force, so competition is going to get worse with no relief on the horizon for more supply. 

Existing demand and supply climates mean that an apartment building that's hollow-tile with a one-to-one parking ratio doesn't have to rely heavily on its income/expenses.

What do you do to take into consideration the SUPPLY side of things in these newer/growing markets?

This is a general discussion question...I am curious as to where you get your data, as a Broker nand an Appraiser, I would think that it is critical for the fix and flipper, buy and holder, wannabe wholesaler, or general investor to have MLS access...do you also preview what is on the market when attempting to make a rational investment decision in order to have a strong ARV as well as an understanding of what others are supplying in the same price point, ie. the competition, I put zero credibility or credence in Zillow, yet I see so many people placing emphasis on this weighted algorithm...understanding that this is a big country with many different markets, I am curious to hear your feedback.