Now he wants to use our partnership LLC to do rentals and airbnb and I am having a hard time wrapping my head around how to do it.

Incomes will rise to help offset inflation, competition will drive prices up to levels that make investors pull their money and head for greener pastures, migration to cheaper markets should occur to balance out the disparities, etc.There seem to be a lot of hands on a lot of levers these days though, so who knows if any of this will actually transpire.

Also you should head over to the Worcester Meetup. 

I have enough in the HELOC to purchase and rehab most of the properties I am looking at, so I was wondering if you all could provide some advice for using the HELOC for the BRRRR and ensuring the rehab amount appears on the HUD for ease of refinancing once the rehab is complete.Or, is that something I made up in my head? 

CheersI would think yours is at least option # 2 and possibly heading towards #3. 

So for those of you just getting your first one done, keep your heads up and keep grinding!  

Thank you for the heads up @Jim K.!

Kept my head in it and got it done.

Should I for instance be looking at a specific # of cash transactions from the past year put back on MLS as a benchmark to overly active market (say 125+), or can someone suggest other barometers to consider? 

Hey we received off market financials on a 64 bedroom student housing building.We have been heads down looking at apartments so this is a little outside our zone.But we were curious if we’re underwriting this how do we go about it since they are charging per room?