Roof leaked this summer; we fixed it. 

I applied for the Citi Business card this summer, paid my normal rental properties expenses through it for 3 months and got the 75k mile bonus for American Airlines. 

Low inventory, high demand, price increases, you know the drill.Two big numbers from the October Pikes Peak Association of Realtors (PPAR) report:841 active SFH listingsThats a 54% decrease from the 1,940 SFH listings one year ago.For historical context, the last four years or so (which haven't exactly been slow), we saw around 1300-1500 listings in the winter low time and upwards of 2400 listings in the summer high. 

Putting down payment plus additional working capital until we see the sunshine, hopefully next summer is few months away.How Banks would react to lend on a typical situation like this.Please guide and share your thoughts if the cheap is a better case here.

It's in La Quinta, so the summers are hot and winters cold.

@Matthew FerminoHi Matt,I own a summer cottage in Wells that I AirBnB and have yet to find a decent vacation property management company.

now run the numbers do you sell in the winter market or incur the carrying costs of holding an empty unit until the spring/summer. 

I already know that this next semester will also be still online, but I'm not sure about next year and will probably move to Columbus and into college, adding those room and board expenses.With that information I have had two ideas.1) I can stay in college and get my degree (Business and Finance) and over this next semester/summer buy in full or leverage my money and put a downpayment on a small 2beds/1bathroom home that is in need of rehab and rent it out after it is fixed up.

I've seen over and over brand new owners who bought this summer and they're convinced that this is the future.

@Stacy Voss I know of one that will probably be looking to do that next Spring/Summer 2021.