Quote from @Adam Macias: The economy is not healthy ya'll.House prices are coming down.Look at Texas and Florida, two years everyone though these states would have infinite growth.What has happened?

Quote from @William Thompson: One thing I’ve noticed working with a lot of investors is this:People spend a ton of time researching markets, strategies, and financing…but almost no time building the habits that actually keep their portfolio healthy long-term.Here’s the simple truth:Your systems will make or break your growth.Not the market.Not the deal.Not even the interest rate.I’ve seen investors with average deals but great systems outperform people buying in the best markets with none.Things like:Keeping clean booksTracking expenses in real timeReviewing your numbers monthlyHaving a game plan before tax seasonThese aren’t exciting, but they’re the difference between “I think I made money” and “I know exactly what’s working.”Real estate is more forgiving than most businesses… but eventually, disorganization catches up.The investors who last are the ones who treat it like a business early — even when they only own one door.What’s one system or habit that’s helped you stay organized as your portfolio grows? 

Inventory is tight, spreads are slimmer, and many local investors are either waiting for better margins or shifting into mid-term rentals, ADUs, and value-add holds instead of traditional flips.That said, we’re still seeing a healthy amount of fix-and-flip activity in other parts of the country, curious what you’re seeing on your end?

Lastly, considering alternative materials that offer durability at a lower cost can also contribute to maintaining healthy profit margins.

However, the median $/SF has remained in a tight band of $1.16/SF and $1.20/SF for the past 13 months.Rentals - Availability by MonthThe number of homes for rent decreased MoM, which is surprising for the time of year (it usually rises during the fall).Rentals - Median Time to RentMedian days to rent remained flat MoM at 29 days, indicating a healthy rental market.Rentals - Months of SupplyRental inventory decreased MoM, now at 1.5 months, indicating a strong landlord’s market.Sales - Months of SupplySales inventory has remained in a tight band around 2.5 months for the last several months, indicating a consistent seller’s market.Sales - Median $/SF by MonthPrices had a marginal drop MoM, as expected for the time of year.Why invest in Las Vegas?

Mostly paperwork.When routine non-compliance can multiply a property’s debt 3x above its market value, we’re no longer talking about a healthy regulatory environment.

Does anyone have suggestion on how to streamline due diligence, locate more quality candidate investments, or just operate a healthy investment portfolio for this area of real estate?

Is this healthy for housing? 

It’s a strong market for building experience and momentum.Charlotte is a healthy, growing market with better appreciation potential, but the higher entry cost and competition can slow your first few deals.

Volume of analysis goes up, emotions stay out, reserves stay healthy, and I move fast when numbers clear my ranges.