But they are slowly decreasing from the fast spike, as the market tries to make sense of rhetoric (100% tariffs on BRICS countries) vs understanding what the actual policy is. 

I've bought several in the past few years at 8-10 caps and they have decreased already and the market is not even booming yet.

Here is my case for over valued in general:- over a decade in f unprecedented price increases- rates have doubled significantly raising the cost of a high LTV purchases, but in most markets there have been no corresponding price decrease

You'll figure out a good price for yours, but be sure to check the market every month or so, and track whether it is increasing, stabilizing, or decreasing.

this is not to suggest that borrowing to invest may not be a good strategy; but one must understand that borrowing INCREASES risk, not decreases risk.2. 

Also, I see a lot of rental listings on Zillow that are decreasing their ask price.

With inventory slightly decreasing in November, do you anticipate increased competition heading into the new year, or are higher mortgage rates keeping activity balanced?

That's a very good point taking the potential further value decrease into consideration (like when running the ARV for pricing it out to the end-buyer), so it makes sense that, like you said, it would have to be a great deal.

I can't remember, but it turned out that since I kept paying my broker 1%+ every time I re-financed my principal never decreased.

My goal is to add verbiage within the lease that will decrease any tiffs between tenants for the common spaces and how to set expectations and promote group effort with cleaning the common areas/shoveling snow/personal dishes/shared fridge/laundry/having guests and so forth.