The reason for more OOSI is a low interest rate environment, and low housing supply driving up prices and encouraging folks to look outside their local area.

I currently work in Finance for an automotive supplier and I used to work in Purchasing and Supply Chain.

I have a 50 gallon water heater and it’s proving to not have enough water to supply five adults.

With appreciation so high, it is going to keep the supply lower, among the other factors of low rates and normal high demand.

In 20+ years I’ve made 2 $30,000+ (both were toilet supply line failures) and covered a $1200 and a $2500 loss out fo pocket.

If investors offer homes for rent in the markets with high demand and low (ish) supply then the qualified tenants with good stable jobs have weathered the storm right?

These days, in almost every market because of low supply, properties are calling for highest and best - especially if they are in great condition.

Given the downward pressure that social distancing regulations, shortages of labor, supply chain issues, and now cold weather continue to exert on new construction, it will be difficult to satisfy demand in the short run.

@Justin Noethe yea I’ve already put about 75 in the area I’m looking to buy/wholesale I found a place in north natomas that selling them at a great price but it’s for blank signs the place is called sf plastic and sign supply

The seller told me he tried to build a 3 unit over 40 years ago but got denied the permits to do so. with the housing supply being so limited, there might be an opportunity there to get approved to build another building on that lot in the future which would be a HUGE opportunity.