Supply is low and demand is white hot - and it has been that way for many years.In fact, I sold a SFR rental there for another BPer a couple of years ago. 

I see the supply and demand issue as a good bit of them are in rougher neighborhoods and are probably have a higher tenant percentage vs.

Does anyone know of an app that converts MLS listings from a portal (supplied through Real Estate Broker) to an Excel spreadsheet?

The month's supply isn't a bad idea, but what happens when that runs out?  

They are sharing their stories and the large returns are driving more interest.This interest has been spiked with the notion that anyone could be a Syndicator or General Partner, all they need is to go raise money via their network and boom they have LP's.This increase demand is occurring on a much smaller supply size and thus Prices have raised, cap rates have lowered and suddenly what was a C or D property is boom a B- Property with upside.If I am right the Lenders won't lose much if history repeats itself instead the LP's will be forced to hold on a lot longer, take a discount to get some money back or lose it all if the GP's can't manage the property.In the end for the first time in 15+ years I am not in the camp of bigger is better as I am getting better returns on Single Family Homes.  

I have used them in the area several times - though not in Pittsburgh proper just in the suburbs.If there only a couple shingles to repair I will have a handyman do it usually because I am getting several things done at once, so just pay for a half day or full day of labor and provide the supplies.

Econo 101 will tell you that less supply will generate more demand. 

You can also find Stroud Supply out in Lexington/Two Notch area but they don't always have everything in stock.

I did about $15k in reno myself. just a hot market and the time value of real estate, supply and demand etc. 

The less desirable the location the better the terms a tenant can negotiate.It’s all about location, supply and demand