Things to consider are pretty simple, if you can find a property jump on it, there is extremely little inventory and it is highly competitive with the majority homes on the market selling over ask in very few DOM.

Even with low inventory, they have found lots of success in the Cincinnati market.

Obviously this is an overall average but on the surface these numbers describe a typical West Philly, Olney/Ogontz, or cleaner North Philly deal, which from my experience make up a majority of the inventory available around that price point.What are everyone's thoughts on the health of the Philly market?

The market here in SD continues to appreciate 10-11% year over year and with a shortage of inventory it's not showing signs of letting up so waiting 5-10 years to just sit on a 3% interest rate on your Merced rental when your goal is to move to SD makes sense to do it sooner rather than later.

On top of that the future development opportunity is hard to look past in an area where inventory is super limited to begin with let alone new construction.

We are still in a very tight, low inventory market- but appreciation has never been higher- it's a great place for a wealth-building investment portfolio- it sure beats the highs and lows of the stock market! 

I don’t see many 3bd/2ba in area and I was told by my agent that it’s a good thing, meaning there is not much inventory for those and these could rent pretty quick with good rental Comps.

It has started to slow down slightly with more inventory coming available in my area and now that I’m asking higher prices.

SLC only has one major hotel under construction and not a large inventory of nightly rentals as it stands. 

It's not a perfect measure, but it's very close and year to year consistency is highly reliable due to limited new rental inventory