It sounds like you may have started with a couple tools on your belt and as time has progressed you have increased the amount of tools and projects you feel comfortable with. 

You’re not alone — a lot of investors are feeling the same squeeze right now.From the ground-up / small multifamily side, what we’re seeing is that the “good deals” haven’t disappeared — they’ve just shifted away from traditional acquisitions and more toward development plays.A few trends that stand out:1️⃣ Build-to-Rent Is Filling the GapMany investors are pivoting to duplex and small multifamily construction to create inventory that pencils better long-term.2️⃣ Cost Basis ControlWhen you’re building, you’re locking your basis upfront instead of inheriting someone else’s appreciation plus deferred maintenance.3️⃣ Timeline & Entitlement RiskThe biggest hurdle is navigating plans, permitting, and site feasibility — which is why many investors look for projects that are already moving through that phase.Because of this, we’re seeing increased interest in ready-to-build duplex projects — where lots, plans, and permitting are already in progress — allowing investors to focus on the build and long-term rental strategy rather than starting from raw land.Build-to-rent duplexes have been a strong middle ground lately between single-family and larger multifamily — especially in growth corridors.Always interested in comparing notes with others pursuing duplex or small multifamily ground-up strategies — we’re actively building in SWFL and enjoy sharing insights with others working in similar markets.

For now, policy remains restrictive, but the tone suggests the bar for additional easing may depend less on labor market deterioration and more on clearer progress toward the inflation target.Markets are mostly unchanged, but we are seeing slightly higher short-term interest rates – stocks are bouncing around a bit as well.

The councilmember for that district is unpredictable and has already pushed forward several progressive housing reforms, which should factor into any long-term investment plan.I am still bullish on Philadelphia overall, but I do not see much value in buying rentals near the campuses.

Maybe check on an existing rehab and send them some pics of progress etc.

It's very much a work in progress, but I'd like to be able to compare year-over-year numbers moving forward to help me identify what went well and poorly.

Hey @Christian Orellana How has your investment journey been progressing? 

To your point, focusing on "in progress" projects will help as opposed to "potential" projects still in the pipeline.

Even better, higher inflation prints from early 2025 will soon roll off the annual calculation, which could improve year-over-year progress toward the Fed’s 2% target.➡️ Stable inflation = less upward pressure on mortgage rates.Pending Home Sales Dip — Likely SeasonalPending Home Sales fell 9.3% from November to December, following four straight months of gains.

As our search progressed, we increasingly leaned into self-represented offers as we became more confident in our ability to manage the process ourselves.