And while I'm sure there's a point where there could be more supply than demand, those hotels about to be built are literally banking on there being enough to demand to supply their hundreds of rooms.  

That being said if you think that they’ll rack up more fines then they have in a SD then I would just continue to supply the bags and try to find new tenants. 

I think supply is finally catching up to demand, and going to affect the artificial market we have had. just today I got an appraisal back that was extremely low. there have been other instances of appraisals coming in low on other properties as well. makes you wonder if its the market, or the banks and appraisers in bed with one another.this will be interesting to watch.

So I believe I have a potential access to go supplies of homes to wholesale because of how many towns i visit due to work, and the areas where i work always tends to be an up and coming area with new apartments complexes or residential developments.

Plus single payment each month and a stronger relationship with one lender.

To make this worth anything you would need at least a 15% return and given the numbers you've supplied means that you couldn't pay more than $95k for the property.

Learn your market metrics ( Cap rate, market rents, insurance cost) and the current supply/demand.

Kapfidze said the secondary vacant homes — many of them owned by foreigners — are keeping prices high by tightening the supply of housing.An oversupply of housing units is causing rents to fall in areas like Downtown Miami, and owners are selling their units for less than they bought them for.

More buyers with more money with no more supply typically leads to price increases.So I suspect the recent and pending IPOs did result in some previous increase to the RE price, I do not believe it could cause the full increase because the buyers did not yet exist (i.e. buyers who can purchase after they become millionaires/billionaires from the IPOs could not have purchased the same house prior as they will be able to post IPO having the increased wealth that resulted from the IPO).Time will show if there is any significant increase and how big the increase. 

Zoning laws in Chicago do not allow 2-4 units to be built as rentals easily in the north side neighborhoods which creates an interesting supply and demand shortage.