In some we will see supply go from 2 months to 3 months, but it would take 5-6 months for the market to be considered a buyers market. 

We were able to get this product from a commercial cleaning supply company.

In my mind the only viable option is good ole fashioned long term rental. 

It was not only overleverage it was OVER SUPPLY  we all saw that.. so more to than just that aspect.

Here in College Station, Texas, multifamily properties are in limited supply, keeping prices high and leading to multiple offer scenarios for good deals.

Too much supply and not enough demand.

Why buy the real estate equivalent of a penny stock when you can afford to buy blue chip aristocrat dividend stocks (Class A multifamily properties in good locations with actual strong fundamentals like population growth, a diverse and recession-resistant job market, limited supply and high demand, affordability, and consistent long-term appreciation)?

The seller couldnt supply us with this so we gave up and dropped out of the deal during due diligence.

I am wondering if anyone has any insight on which areas of Memphis to avoid and if it has been saturated as looking online it appears there are a TON of rentals up for grabs and wondering if that is due to rental numbers going down or if it is just a larger city that has more supply.

More supply could hit the market, for example, or cap rates could expand fast and leave the developer trying to figure out how to rent and hold the units.