The supposedly great OOS Midwest markets everyone is talking about seem to be fairly flat on appreciation and are only average in terms of being able to find great tenants.

Price per units are flat, and even slightly up in some sub-markets, but transaction volume is down 70% from 2022 levels. 

Perhaps for each deal that gets closed, the cold caller gets a flat bonus?

Get a good lawyer, pay him to monitor your communications and work with listing agents directly so you're not making rookie mistakes(they'll charge a flat fee or like 1-2 hours so nothing egregious). 99% of "investor" friendly agents are not that, they're ****.

  ( if acceleration is faster followed by flat growth ) > (rental growth) then best is just to sell

I'd use the enemy method over Airdna data.Higher interest rates, high property values, increasing STR rules and flat put bans plus oversaturation are things that make this a tougher business.You really have to do your research in identifying an area and a property that will cash flow today with no guarantee it will keep cashflowing in the future.

Matt, If you are looking at historically built properties such as your classic bungalows, 2-flat and 3-flats in Chicago, many of those properties were built well before the modern zoning code was established.

The land is 1 acre lot of flat land. 

I pay my contractor a flat monthly fee to work on whatever project needs to be worked on at whatever building of mine needs work so it’s hard for me to break this apart labor wise.

However, that's if your looking at a 10+ year hold - for right now, I think appreciation will be flat in the immediate future there, especially if builders are now discounting that area because they can't move houses.