In my case, my employment is outside the real estate world...although, an interesting fact is most of the value of the company I work for, a 95 year old environmentally friendly chemical company, is in the real estate they have acquired over the years to house the business.On to my goals...2017 was a foundation forming year for me as a RE investor - I listened to 100's of hours of podcasts (mostly BP featuring many that are posting on this thread), read 1000's of pages (books, blogs, posts), analyzed many properties, and talked to several RE professionals.In 2018, I will 1) connect and form relationships with professionals that are in the business of finding deals - finding deals (and finding the time to do so) has been challenging. 2) deploy my knowledge and capital to build passive-ish income through buy-and-hold RE investments so that by 2022 my investment income will surpass my W-2 income. 3) give back to the BP community by openly sharing my knowledge, experience (albeit relatively shallow at this point), successes, and failures with others.

In April and May the number of properties under contract surpass the number of properties on the market causing a major shortage and "bidding war" type of scenario on housing.

It's definitely surpassed my expectations.

Of course the concern is the market will be saturated with them and surpass demand.

However, this year, demand appears to be surpassing those levels.

I think you should be able to find local credit unions who are willing to surpass the 70/30-80/20 LTV on a primary residence.

I saw some STR manager’s thoughts on where current STRs already are near or surpass the quota and basically his data showed all of the traditional good STR markets (I would include Bay Ho in this grouping) were at least near the quota.  

Demand has surpassed supply for some time in the real estate market in both the single and multifamily sectors.

But our debt ratio and concern for the overall economy, has surpassed our risk tolerance. 

Hey @Joe Villeneuve what if your built up equity from appreciation surpasses your cost (DP) well before you have recovered your DP from the cashflow?