Downfall to some DPA's is they require you to own the home and not sell it or refinance anywhere from 2, 3 or 5 years depending on the state.I have seen people use a DPA and after they purchased the home they did some renovations and the home increased significantly in value.

And during inflationary times, our rental rates increase.

The shorter the prepayment term has an impact on increasing the rate.4.

YoY is up marginally.Rentals - Availability by MonthThe number of homes for rent increased slightly MoM, conforming to the seasonal trend.Rentals - Median Time to RentMedian time to rent increased slightly MoM, (28 days vs 27 days in September), conforming to the seasonal trend.Rentals - Months of SupplyAbout 1.8 months of supply for our target rental property profile.

most bankers are standoffish ;-)yes, the HML/PML will be higher cost, but my concern for you is the banker knows he can't do your deal, but will string you along for a while, ask for additional information that takes you time (and maybe cost) to put together and he ends up either ghosting you or taking 6 months to tell you no.I could be wrong and you may be dealing with a "unicorn" banker, but I believe a HML/PML that knows construction in your market will be easier to work with, actually close your deal, and end up "saving" you money in the long-term...just my 3 cents - even inflation has increased this!

Do you feel, given the current state of the market, the risk is increasing in this type of investing?

I would also considering buying 2-4 units if you are trying to increase your cash flow.

Renewals and rent increases- Research market rates; 3% is fair, but adjust if you’re far below market.

Assuming rents will increase surely it will cash flow at some point correct? 

Also, if you go into the BRRR strategy to add more properties faster, every time you get rent and make a payment, you’d still be paying off the loan which is increasing your equity so it’s like a savings account that builds itself.