Didn't realize it would also play into the investment decision.

We have been playing it safe but really would like to start investing in Rental properties as another source of passive income and to start building for our children.  

New Braunfels doesn't play.

When rental demand dips they suffer with placing tenants or forced to play a game with who can charge the least in the area.  

If you haven't bought or sold any real estate recently, the new rules in play may leave you wondering how this may impact your financial responsibility in the transaction. 

Back of the napkin analysis (or BP calculator) make a conservative offer and see if the seller is willing to play ball.  

What happens with the economy over the next 6 months plays into our decision as well.

The impression that I got is a pragmatic explanation of the situation.

Adam, I am vaguely interested in BRRRR to vacation rental in cottage country to play the long term appreciation game.

Rates/pricing has to play a part of course, BUT knowledge and responsiveness is actually more important. and to answer your second question, well, look at my last sentence for the answer.