@Kevin Day who told you that you need to supply appliances?

Even if demand picks up, supply will still be tight — and that keeps pressure under home prices.🛍️ Consumers Keep SpendingRetail sales beat expectations with a 0.6% bump in July, led by back-to-school and online shopping.👉 Market takeaway: Strong spending keeps the economy out of trouble, but it also makes the Fed’s inflation fight harder.

-Single-family home months of inventory expanded to a 5.4-months supply, up from 4.4months last August.

Running into Brandon in the hall and him being a down to earth good dude happy to chat it up with a new guy from MS was eye opening for me. 

Yet the demand is massive, and the model combines consistent cash flow with real community impact.A few quick points:Demand far outpaces supply in most cities.Homes are leased or operated with long-term stability.Many states offer certification programs that build credibility.Done right, it’s a win-win: investors see returns while residents rebuild their lives.I’ve developed and worked with operators across multiple states, and the success stories are incredible.

The right tenant segment keeps income steady, and with an experienced local team, my time commitment stays low.Advantages (when I invest in the right city)Inflation-adjusted rent growth can exceed inflation, lifting my standard of living over timeI need a fraction of the capital required by pure accumulation strategiesIncome can last for life and continue for heirsPerformance is driven by supply and demand, not daily sentimentDisadvantagesReal estate is not liquidMarket and tenant selection are critical, though the process is straightforwardEntry costs are higher, often about $140,000 cash plus a mortgage in Las VegasBottom line: stocks are for building a pile, real estate is for building an income stream.

The key is aligning your strategy, capital, and comfort level with the right location.In my market in Reno Tahoe there are better deals in the SFH market than the small MF because of the short supply and sellers' overvaluation of multifamily.

.📊 Key Market MetricsHome prices: Down ~2–4% YoY (median ≈ $276K).Price cuts: ~28% of listings cut asking prices.Days on market: ~118–121 (up from ~103 last year).Inventory: Approaching 4–5 months of supply → shifting toward buyer’s market.Condos: More supply, longer sales times, higher HOA + insurance costs.Short-term rentals (STRs): ~60% occupancy, solid in peak months but more competition.Financing: Mortgage rates easing slightly but affordability still tight.💡 What Investors Should KnowCash flow > appreciation – Buy properties that pay today, not just someday.Condo caution – Watch for HOAs, insurance, and oversupply dragging returns.Inland & off-peak areas – Better value, steadier long-term tenants, lower entry cost.Negotiating power – Cooling market = leverage for buyers.STR playbook – Professional management, upgrades, and pricing tools are must-haves.💰 Investment Buyer OpportunitiesMotivated Sellers: Nearly 30% of listings cutting prices → room to negotiate.Single-Family Homes Inland: Lower prices + stronger year-round rental demand.Retiree-Focused Housing: Steady demand in 55+ and low-maintenance communities.Small Multifamily (2–4 units): Rising rents + less competition = strong buy-and-hold.Fix & Flip: Longer DOM = distressed sellers and below-value buys.✅ Bottom LineMyrtle Beach is shifting from a hot seller’s market to a more balanced one.

So the supply of workers has, obviously, come way down.

If you’re in a high-supply market where tenants have the upper hand, actual (contracted) rents could be lower than what you see on listings.Local leasing agents and property managers may have comps they can give you, though you’ll probably need to spot check for relevance.In any case, welcome to BiggerPockets and best of luck in your career as a commercial real estate agent!