Things that are usually not a problem seem to be a problem now with supply chain issues.

In my Austin market report in January of this year, I said that buyer demand for real estate in the Austin metro is likely to be lower this year compared to 2021 due to higher housing prices, rising inflation, rising interest rates, and supply chain problems.

Anything he or Peter Fortunato teaches regarding options or creative financing, in general, is gold.

Someone in the chain may have thought they were making a good decision, or someone was trying to make more money.

Sounds like you have a gold mine down in SJO  - good for you.   

Once you do find the property to BRRRR understand your needs for that BRRRR as there are significant supply chain issues right now and as others have said make sure you have a contingency of 5-10% for unforeseen costs. 

If supply chain issues continue, then we can expect prices to not drop too much but if raw material costs and supply issues are solved and all houses are dumped into the market all at once, then "houston, we have a problem"

The property next door(not corner lot) and is a national chain restaurant sold a year ago for 1m less then what I am paying.

*Gold is performing well, gold stocks not so much; but gold has short-term volatility*Some REITS are doing well, some aren't (DYOR/DYODD); income generated would be taxed, so meh, in the short term.

Many times people will own a property in their own name and then put into a trust later on (after someone advises them they should or they hear a friend did this) and so in the chain of title you will see the owners name as whomever put the property into the trust