It's more like borrowing money from a really rich, conservative person that has few rules that they really care about (LTV and Debt Service Coverage)The last few deals I have done are in the 3.5-4.0% range with 20% down for a 20 year AM/5 year balloon. 

Again, this is my first renovation/flip so one of things I am struggling with is determing a realistic plan with the budget I have, the inventory out there, and the market we are in. 

On the issue that just arrived today, the entire front page is "Skyrocketing Housing Prices".Some of the points made in the article are: “What we are living with now is a result of and reaction to the Great Recession”“Add to this whole mix the pandemic, and it is the low-wage earning service workers that have been most hurt and that causes a really big disparity in income”“Sellers have become accustomed to asking over the market value and getting it”“There is going to have to be more affordable housing, bottom line”"the city is discussing developer incentives to set aside a number of units in development for workforce housing; revitalizing older neighborhoods"Here is a link to the full article Low inventory leads to rising housing prices across Chandler, East Valley | Community ImpactWhat are your thoughts? 

I've rented a small storage facility and are keeping an extra refrigerator and range in there for those type of situations.

It's just about every year -- here's a post from 2015, one from 2016, one from 2018, one from 2019, and then one from about 9 months ago.Of course, the crazy increases in prices have to slow eventually, and maybe we're starting that as there is some more inventory and maybe -- maybe -- a slight decrease in demand.

Several mid-range builders have started included it as a standard option, so it's becoming more of a norm in that 250k+ price range. 

I expect that values will continue to rise in Florida but do investors expect that the extreme price appreciation this last year may flatten over the next few years or given the migrations and low inventory and low rates folks still believe at least average appreciation may be realized ?

Relationship with wholesalers will come along the way but in this current market inventory is so tight, everything sells (sometimes over market) so the timing is not ideal to target Wholesalers as your only source of deals. 

We have more buyers/renters than we have available inventory in every category.2) Have your money ready to go, both cash and financing.

Go on Airbnb and search for 3+ bedroom houses for short term rental, you will quickly see the lack in inventory.