The housing issue was first created by all the red tape that gets in the way for developers and then the problem was exponentially grown by STR’s and then the mass movement of money during Covid.

As a Midwest investor, it seems as though Seattle was the epicenter of the rent strike movement to me.Good luck!

Additionally, an 8-unit building on the south side of campus went under contract for over $1.55 million in less than 8 hours, so those movements have made me rethink my BRRR approach.

In the winter time it's a small percentage slower than the summer time but still lots of movement into the area during Christmas break so the kids can be in Katy ISD by spring. however what I will warn you about is the type of market that Houston and especially Katy is in right now.

What I was saying is that he continues to refer to "speculators" as dice rollers and that his comparisons to cash flow and appreciation/speculation are unfair.A typical definition of a speculator is 'someone that takes large risks, especially with respect to anticipating future price movements, or gambling, in the hopes of making large gains.'

You already posted this scenario.. while it can happen you will have to hunt for it.like all things real estate returns price for risk.. rare is there high cash flow AND appreciation.. and tiny appreciation like 3% a year might look good but its not real.. you buy a rental that will make 12% under your scenario you need to find a 50k house that rents for 900 type thing .. which you can find.. so 3% appreciation it goes up a whopping 1,500 a year.. but in reality it stays at the same value.. since the next investor wants to make the same money you are.. only way values increase substantially is rents go way up.. and in cash flow markets rents ( which is a good thing) are generally very stable with not a lot of movement up or DOWN.But for your exercise check out small little towns in PA  and outside of Pittsburg and up towards Erie.. you will get the cash flow i bet.. appreciation only on paper not in reality.