Do note that the supply of condos in Miami had been rising prior to Covid concerns.

Running the numbers and looking at the ten-year supply-and-demand projections, LA is great for my plan!

So If buy your average house now at 550k in El Monte, or Duplex even more, in 2020 when properties are at low supply high demand, and theres buyer bids on every house pretty much, Im going to get a high price on whatever property it is, most likely over the asking price.

Major business growth (Amazon, ABC Supply, Dollar General) has improved values, vacancy, employment and the economy is booming with private funding.

I will continue learning about my new craft realizing like you mentioned this is not a quick buck.

You don't pay the contractor for materials, but instead you pay the supply store for them.

Obviously obtaining this data isn’t an easy task, however it may help explain the supply and demand of your sub market.

I'm currently a senior in high school, and due to the Covid-19 pandemic, I found myself working 40 hour weeks in a warehouse making medical supplies instead of finishing my year in school.

On the supply side, folks that lost their jobs just got a 3-12 month forbearance gravy train, no rush to sell, limiting supply.

In the last few years in the Richmond area the price growth for SFR has been increasing faster than the rental growth with lack of supply and low interest rates being major factors.