At a 75% LTV purchase (standard non-owner occupied LTV) you can afford just under a $400K property with no reserves from the money extracted from your home. 

If you are an opportunistic or value add investor the CAP rate is not a meaningful gauge of the investment.Class is the best indication of the risk of an investment property not CAP rate.

They think taking homes out of the housing stock to use for STRs meaningfully decreases the inventory and therefore could push up prices for long-term rents and homes purchase prices, too. 

If you feel your energy level sliding, or if you are losing your motivation, here's a simple strategy that will help you get back in the game.Maintain a list of small, meaningful tasks that need doing - things like replacing a light bulb, writing a letter, or returning a phone call.

Now, if you get to know the busniess and have meaningful discussions with the guy, then you might see how you'd fit in (if you even would) and then you could propose a solution. 

Once the news is filled with eviction like it was in 08’ they may choose CPI if it tells a better story.Any meaningful proposals to amend PCE?

The majority needed meaningful renovations. 

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

Manually dialing you'll never be able to ramp up your production enough to be meaningful.

This could allow you to extract your investment to reuse it in much less than 2 years.