1.66 MILL Housing starts announced, over +250 people moving to Arizona every day, Extreme Seller's Market, inventory well under 2 months supply, Average Median SFH price is +330k and rising, historic low interest rates for 2021 remain, 7.5% increase in conforming loan limits from 2020 to 2021 = increased buying power, unbelievable rent and sales price increases, and the list goes on!

Now the only thing I use my credit card for is purchases for supplies I need for the rental units and I pay them off the next month before any interest is ever due.

I also have a large amount of equity I plan to use as a piggy bank for my future investments.The idea with the Barndo is to have a small living quarters with a large shop space to secure and hold my gym equipment, tools, trailer, building supplies etc I've been accumulating over the years for renovations and provide myself with a cash flowing home base to to work from through renting the other structures.

Saw somewhere that 70+% of rural homes are owner occupied and rentals are in short supply.

I mean enough to supply a small clinic. 

As long as the foreclosures are not happening then there is going to be a restriction on supply, and as long as there is a restriction on supply of less than the demand is, home values will continue to climb.

Inventory is so low right now that even after people are comfortable to list there homes it will take months before a significant supply hits the market and we are not even talking about stimulus checks and unemployment benefits, lots of folks sitting on cash right now. 

High prices are a factor of supply and demand. 

Hey Richard,The great news about antique houses is they aren't making anymore and the supply is somewhat limited.

This has all compounded to give us super low supply, both in SF and MF.