I hardly think most investors are going to be ready, and certainly not enough to cause some weird shift in supply/demand.  

I would have a few different exit strategies such as: buy and hold it the market shifts upon completion of renovations, or buy renovate and sell, and lastly buy rehab refi and hold or sell.

I have, in anticipation of a market shift, started to advise pricing based solely on active competition -- that is what the buyers are seeing after all. 

In larger multi families, you have more control in creating the new value by increasing income and reducing expenses but in the smaller residential properties, you have more liability to a market shift or a bad outlier appraisal.

Best Ever Apartment Syndication Book - Joe Fairless & Theo HicksThe Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing - Paul MooreCommercial Real Estate for Beginners - Peter Harris

Here in Austin the market has completely shifted.

That's going to accelerate with the further shift from COVID, et al. 

Or maybe bird dog for a wholesaler until you feel confident doing it on your own.One of the big shifts in becoming an investor is moving from thinking like an employee to thinking like a business owner.

My income has continued to increase substantially from one year to the next, but my methods have shifted around too much for them to feel secure.

However I’m shifting plans and am about to switch to a different market in order to try to scale my portfolio as the largest property I can buy where I’m located is a 4 unit and I’m ready to go bigger now.