There is a difference between capitalism and what ever is happening in the stock market today.

Quote from @Devin James: 1) Inventory is drying up- Build-to-Rent developers stopped starting new developments when rates spiked, and that slowdown in starts will hit the market soon, resulting in less inventory.2) The rent vs. own equation is upside down- Usually its cheaper monthly to own than to rent, but today that’s not the case in many markets.

Wife worked, I built and took care of day to day.

Quote from @AJ Wong: As some of you may know, beginning today if agents/brokers do not post their listing to the MLS or publicly within 24 hours - Zillow will effectively 'hide' or ban the listing from the website. 

I am not sure yet how much the repairs will be (a plumber is coming by later today and the restoration team will likely come tonight or tomorrow), but this could be fairly extensive.

My wife is a stay-at-home mom and could help out with the day-to-day operations.

A strong property manager will handle everything from tenant screening and rent collection to maintenance and legal compliance, allowing you to focus on growing your portfolio rather than dealing with day-to-day headaches.

Quote from @Lor Fara: The price people were giving 2-5 months ago are different from today's numbers on materials.

Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.

And with current market conditions, that’s not really a surprise.Pooling Resources Can Help Make Homeownership PossibleWith today’s home prices and mortgage rates, it can be hard for people to afford a home on their own.