Inventory should increase and prices should dip.

Most service or trades people us included increase the rates for customers we don’t want.  

If you're considering BRRRR, the FHA 203(k) loan could work for bundled purchase and renovation, but it’s often simpler to use personal funds for lighter rehab projects.You could focus on properties with strong rental potential and manageable upgrades to increase value.

During turnovers they fix everything, and by everything, I mean they look for anything that they can do to increase the SOW in order to skim as much as they can off the work costs.

The equity increased a ton especially w the limited supply 

A few years ago I got caught with a number of housing units I built in Philadelphia I planned to sell to owner occupants if not for the  2022 unexpected rate increases.

There is nothing illegal about Subto when it is done legally, as you infer.Actually, Due on Sale is a result of banks calling loans due back in the 70's and 80's, simply because interest rates had increased and other spurious events like that.

If an asset is throwing off a certain yield that is not commiserate with it's risk, then investors will then begin paying more for that asset, thus decreasing it's yield....or start paying less for the asset which would increase it's yield, until it was at the proper risk/return rate to produce the yield that is truly reflective of it's risk.The problem is novice real estate investors get the risk/reward correlation backwards.

Quote from @Landon Whitt: Is anyone seeing a sizable increase in pre-foreclosures in their market yet?

When you see the property, you'll inevitably be influenced by your own taste when, in reality, what matters is first and foremost the the profitability of your investment.