As a buy-and-hold real estate investor, it's really an ideal environment. 

I'm just going to paste part of my response below:Manufacturers generally want a large number of units to produce because repetition and quantity lend themselves well to the manufacturing environment.

3rd floor condo is the key to this....you can do everything humanly possible in your unit, but unless the others do the same, you will never get rid of them...ever....In a condo environment, the attack has to be way wider than your unit and it will take more than a few days...probably a month or 2 at minimum.

People understand the risk of paid of real estate in today's litigious (sue-happy) environment but real-estate investor's seem to forget the "RISK" of DEBT. 

And if in the past, that might been overlooked, in an environment of raising interest rates I would think they would welcome a reason to call the loan, grab the money and redeploy it at a higher rate, especially if the bulk of the interest was already collected (since you pay mostly interest in the beginning portion of the loan lifetime, and less later).

It selfishly  it turns out to be a better investment environment.

Securing a 30 year fixed rate vs. a loan with a 5 year balloon is much safer in today’s environment. 

I know what real estate is otherwise I wouldn't be on this site, I'm happily with someone and we plan to get married, I just wanted to give a bit of relief in such a professional  environment but I'll think twice next time.

I feel like I’m very blessed and lucky to be in my current situation and that I could be better utilizing my financial situation to build real wealth instead of clawing away at it annually via W2 wage income only (and saving only ~$70k/year).Unfortunately when I model out deals, with today’s cap rate environment, I can’t find anything that generates meaningful levered free cash flow.

It could create a bi-polar between the electorate where it becomes an us versus them type owners versus renters environment.