Interest rates impact on R/E Investing Market

[Ryan Herickhoff]

How do most investors feel about how increased interest rates will impact the R/E Investing market?  Rates up over 1% takes away a significant portion of cash flow making there little to no cash flow at market rental rates...  Investments always look better 3-5 years after purchasing but wanted to see how the community is reacting to the increase in rates.  Mostly talking 2-4 unit properties, but open to the larger discussion as well.