Note that water penetration is not limited to flooding from rising water levels on the ground in a weather event.

The 70% rule is solid, but in markets like South Florida, it’s tough to hit that target—especially with rising property values.

There was a plumbing leak in the crawlspace under the house and is causing the high clay content soil to heave.....causing a 3-4 inch rise in the middle of the house flooring.   

Focus on neighborhoods with rising values and rents.

My quarterly cash distributions hit bottom about a year ago and have been on the rise since then. 

With rising interest rates and fluctuating property values, what strategies are you using to find deals that still meet the numbers for this model?

It's in a C+ area that's on the rise, but it's located on the crappiest street.   

However, due to rising insurance and tax costs, I'm starting to feel the financial pinch as the tenant currently pays rent 60% below the market average.My long-term goal is to acquire more properties, and I've considered doing a cash-out refinance to access equity for reinvestment.

But when I google "why are housing prices still rising in LA despite population declining", all of the answers start by explaining the imbalance of supply and demand.

By summer, prices should start rising again, presenting better seller opportunities.Multi-Family Properties: Values have dropped due to lower rental rates, with the best deals already seen in past years.