I have similar sentiments about DFW and MF. 

It was always a speculative investment, investing on sentiment and a trend.

For example ~$650K homes (previously closer to $800K) can consistently produce $100K in annual income, and the deals start to pencil again.For existing investors, or local vendors, do you agree with this sentiment?

Denver limits STRs primarily to primary residences, preventing scalable STR portfolios.In these markets, rules can tighten quickly, and public sentiment is not on the side of hosts.Why This Matters Now More Than EverAcross the United States and globally, we are seeing:1.

Not sustainably.Agents spend too much energy trying to predict what’s coming next —rates, inventory, buyer sentiment, seasonal shifts.But here’s the truth:The only market you can win in is the one you’re standing in.What worked last year may not work today.What might work six months from now is guesswork at best.You can’t build a business on forecasts and “maybes.”Top agents succeed because they focus on the present:• the buyers who are active now• the sellers who need solutions now• the strategies that work right now• the opportunities in front of them todayReal estate is not about calling the future.It’s about taking action in the present.No need to try and time the market.Start learning how to work WITH it.

Meanwhile, an anti-travel sentiment is soaking in.

It's no longer an easy entry game, folks need to realize this.It's possible the next opportunity to grab value comes up here from EOY 2025- 1st quarter of 2027, but it means you're financially and emotionally equipped to deal with prevailing sentiment that is fear driven.

I can try to get an idea of tenant sentiment at open house.

Do you understand what it means when I say; when RSI drops under the 30 on a sentiment move, lock in that cash covered Put ITM, to then cycle OTM covered calls in the 20's delta range on the 20-30 day execution. 

Oregon WA.. there was a huge boom in the post war 50's to 60s  ergo they made the movie Glen Garry Glenn Ross.. were developers really marketed this stuff.. also its what created Florida.just look at Lehigh Acres  300k lots platted recorded roads pushed through no homes.. those lots are traded still to this day back and forth up and down just talk to @John Thedford  he lives there.and literally every state and county has some land developments that never built out.. my first ten years in real estate from 18 years old to about 28 that's all I did was sell land.. land in those days 1975 to 1985  was the low value rental of today that is so popular in the mid west.. by 1980 houses in Cupertino were I lived were already north of 100 to 150k and by 85 were 500k.. so its the exact same sentiment you see on BP daily...