I've also polled several of the people in my network (contractors, flippers, wholesalers, brokers) asking what they are seeing.Below is my updated budget (padded) for Spring/Summer 2021. (1) Note that the 2020 numbers are a padded (I pad everything) high average of budgets pulled from 4 houses I flipped in the PNW in 2019-2020. (2) If the official numbers were below inflation, I used Inflation (Shadowstats.com). (3) The overall increase in price on my breakdown is close to the overall data I've found online, which makes me think I have a decent updated budget for eyeballing deals with. (4) To reiterate, the numbers I started with were unique to my situation in the PNW, so please don't take them as gospel for you!

I can't speak to the accuracy of AirDNA's data, although I think it has gotten quite a bit better over the past few years. 

Purchase price: $225,000 Cash invested: $56,250 Decided to test a new market and headed up north in Connecticut to the town of Winsted, CT.

That wouldn’t have been too demanding except eliminating COVID was the 4-Star General’s top priority, which meant we were running COVID tests for surveillance day and night and he wanted updates 4 times a week.

The best way to go about this is to go to the county websites and look at the how the schools are doing on the standardized test that are given.

My all in cost would be $170-175k and I could get $1500-1550/month based on comps and data from my PM.

As a Data point we are now seeing this in High priced markets with ultra liberal cities not prosecuting crimes of less than 1000. 

More quantitative data you have the better you can measure your return.- What is my time horizon to hold? 

I’m still compiling data and will make those decisions ThanksBen

Nothing beats seeing it in person but the more data you can provide a buyer the better.