Old economic levers like raising interest rates is not having the desired affect on employment or inflation....and plenty of other factors.Here's some things that happen in a recession if that happens.....loose your job, then your credit cards reduce your limits...maybe below your balance, so that affects your credit. 

Have incomes kept up with inflation?

get an umbrella policy to protect yourself, see if you need a rental license in your municipality. an LLC is only for insulating you for liability and anonymity, it will not save you on taxes and you really dont need to worry about it with one property imo . you cant protect a single property from lawsuit, insurance is what covers you just make sure you’re up to code. insurance will always look for a way to get out of covering an incident.if you register, you’ll want to report the income. if you make less than expected after deducting costs, then it’s time to raise rent. you wont be able to reduce more to reduce other income streams since you're not a full time real estate investorin the future if you ever sell, because it’s a rental now you will owe capital gains on the property. philly is probably like ohio and not california with it’s YoY growth being tied to inflation. with that said your profit is mainly going to be the equity you build from your tenant paying your mortgage. the money earned monthly should be saved as youre doing in case you have a capex repair/replacement come in like HVAC, roofing, etci advise you pay for an hour to speak to a CPA to better your options.good luck

I'm actually surprised it hasn't affected tourism more yet but that's probably because it's cheap and so it attracts price conscious tourists, especially in a period of high inflation.

Hey Diane, Your best bet might be to explore some off market options if you are finding that the retail market is inflated.

Inflation progress need not be as good as it has been.

We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases.These syndication can provide an 8%+ cash-on-cash return - providing you monthly cash flow - and a 15-20% IRR over the length of the project.

Inflating AUM by including the whole of something your company only has a 10% investment in related to transactional services at the time of formation/acquisition is a material misrepresentation. 

Also if we read today's news that PPI inflation is back to 2.

Housing is approximately 35% of cpi (inflation number)Housing while it’s based on current rents is lagging based on how it’s calculated.So to get to 2% inflation what do you think has to go down???