But not sure if I'm overlooking anything else that would cause increased scrutiny.Also, to clarify, my overall goal with the property is simply long-term wealth building through mortgage pay down and appreciation so I'm not targeting properties with very high cash flow thus the focus on tax writeoffs.

It is likely that in most markets away from the west coast, they will see growth in population and increase in values.

More people are moving here and values are going up so your investment could result in a solid increase in value.

I typically aim for aggressive rent increases only during pre-leasing.

The investor must consider whether the potential property value increase or other benefits outweigh this loss. 

Increased demand for housing, both rental and ownership, can really open up some interesting investment opportunities.

By 'a lot more money' you're referring to the increase in the minimum down payment and higher interest rate yeah? 

Do you expect it to turn around, and/or is there anything you can do to help increase revenue? 

Focus on properties that will have a strong rental market and a clear path to increase in value.Overleveraging:Some investors refinance and pull out too much equity, leaving them with little to no cash flow.

So we don't allow month-to-month up front but upon renewal, will allow month-to-month but at an increased rate.