In a rising rate environment, your costs could increase.

I provide a fully furnished, private bedroom and bathroom in my apartment located in a boutique, mid-rise buiding with 5-star amenities and views of the Park & Lake.Initially, when I set out on this journey, my goal was to rent to travel nurses.

I own 12-doors there.There are plenty of 1%+ deals in the city but you need to understand the landscape.

They keep changing the standards for efficiency and the prices keep rising... 

Expect the call to replace a lightbulb in the laundry area or a battery in the garage door opener. 

You could have your cleaners show photos before they clean so you know if they really had extra to do or not.

Broke down the doors and stole all of my mechanicals + material on-site (resulting in ~$30K worth of damage)I just had a contractor walkthrough and talk to neighbors and apparently there is now a homeless man who has been sleeping upstairs (he wasn't present, however bedding was present).

We have five doors on three properties in OK, all purchased as BRRRRs, starting in 2022.

Where I see the builder incentives and builders hurting is in starter housing or housing for rentals that investors are buying.. everything there is interest rate driven.. with land costs fixed and building cost not coming down , interest rates rising this hurts builders who are building product for those that MUST have financing to buy and are barely able to qualify IE starters..

That was our experience but they have a lot of doors, so they must have satisfied owners.