A vacant house still needs grass mowed, snow cleared and you have concern over people breaking into the property. 

Total rental income for year: 26,700 includes heat (oil) and lights.Insurance $1200, Maintenance approx $1500, Snow and grass $600, Heat $3600, Electric $3600,Taxes $2557.

The fed has indicated they will continue to simulate the low rates by buying mortgage backed securities.

It's grass roots driving for dollars and trying to solve some problems that creates deals.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $345,000

Cash invested: $102,000

bought this as a semi distressed property, just did our BRRRR and pulled out $99k
...

When the Fed increases rates to 6%, cold water will be thrown on this hot market.

You get anywhere near high inflation (10-12%) and the fed will jack up the rates crushing the economy and the inflation.

The gray shaded areas are economic recessions.We have seen unprecedented monetary policy at The Fed...like...the government has NEVER printed this much money, or even close to it. 

I should add that the lease that the tenant signed states that the tenant shall: Cut the grass and maintain the shrubbery.

I have a fear that rates may increase significantly in the coming years but he reasoned to me that the fed at this point in time will never let that happen again because it would price the population out of housing very quickly monthly payment wise and basically RE prices would have to tank to compensate for a high increase in interest rates which would create additional problems that he explained more in depth the fed would not allow.