In Jun 20, NAHB Chairman Dean Mon in a report said that “Inventory is tight, mortgage applications are increasing, interest rates are low and confidence is rising.

Stand alone 3BR houses rented around 2100, based on the currently available inventory.  

Along with lack of inventory .. and then of course risk reward. 

We don't have enough inventory of nice duplexes or fourplexes.

Inventory is low here currently.

for his job and fell in love with the area.In the next 90 days, we want to purchase a SFH with a mother-in-law suite/basement or a B-class townhome in order to stop putting money toward rent and start building our Buy and Hold investment portfolio.Long-term we want to partner with other investors interested in Buy and Hold and BRRRR investing to build a portfolio of multifamily properties.We are currently passive, partial owners of a 25 unit property in Dayton, Ohio, which definitely kick-started the investing bug :)I work full-time in digital marketing, focused on SEO and content marketing, for the eCommerce division of an enterprise tech company.

Property is located in Janesville, Wisconsin and is triple digit old and a case study for how to defer maintenance on everything though currently occupied.

The situation you describe is ideal but back then everyone was struggling, 50% unemployment among young people and it really affects the people mood in order to enjoy the experience to the most. ... that said depending where you are in the states, might get a bit crazy, where I am inventory is super low, so I doubt prices would go down much.

Our management company stack is: Hostfully (PMS), Smartbnb (Messaging), Breezeway (Task management), Pricelabs (Pricing), Noiseaware (Noise monitoring), Ring (Security), August (Smartlock), and Hostfully again for their digital guidebooks.

But, say I spent 3-4 years growing that inventory to more lieke 1.5-2 million, then spent 6-7 years paying it off (10 years total instead of 5)...then I'd be in a position where I was making, hypothetically of course, more like 100k a year and could go work at starbucks (something I would actually love to do, lol) and just enjoy the rest of my life...So in sum, should this real estate game be looked at from two perspectives - accumulation and pay-down?