We have a solid crew but we’re now picking up more inventory due to our buying power increasing !

Might be easy going into a market with more inventory.

Year end is great as builders need to get rid of inventories...

There is a much smaller inventory in my market, so the nightly prices are like before.

It’s hot, inventory is low like in most places.

Construction costs are at all time highs right now and may not settle for some time depending on inventory levels and demand in your market.

Banks don't like us bc we don't have W2 income, and a lot of the inventory here is between 50-100k and some bigger lenders want 100k min loan or property value so a lot of our assets don't fit their model.

That said, appreciation rates in Austin can make short term plays viable as well especially given the population growth and limited inventory.  

There is such a low inventory, similar to most of the country. 

But, there is so little starter home inventory right now, it didn't matter.