Fed Chair Powell has now seen 2 months of hotter than expected inflation reports, saying at a March 20 press conference that these reports “haven’t really changed the overall story, which is that of inflation moving down gradually on a sometimes bumpy road toward 2%.”

Starting with a more traditional approach for your first rental property might be wiser to gain experience and save gradually.

If you're seeing more price points that are higher than the norm typically it means that either the market is shifting gradually up or that there's multiple people involved in that deal "chain" before it gets to you and everyone is adding their markup.My advice would be to attend a few local meetups to brush shoulders with other investors to pick their brain about whats working in your market AND to start marketing direct to sellers instead of trying to get the deals from wholesalers. 

This will greatly reduce the cash flow to a point where it's not too appealing, even with a higher gradual rent increase by then. however assuming with continued 3% rent growth per year, it will eventually cash flow nicely again 2-4 years after the tax starts, assuming rents and expenses all grow at 3%.What do you think?

I intend to gradually develop the park by acquiring used mobile homes for around $10,000 each, relocating them to the site, and performing minor renovations.To make the venture sustainable, I'm considering implementing a rent-to-own model, with the ultimate goal of transitioning to a Tenant Owned Homes (TOHs) setup with $300 lot rent.

Start with a smaller property and gradually scale up your portfolio over time to build equity and minimize risk.

Talk about your investment strategies and find out what financing choices are available for the South Bend market.Always remember to take the initiative to reach out, show up to events frequently, and develop connections gradually.

You are gradually building a wonderful real estate portfolio.Warm regards, Jacob

Make an effort to gradually assemble a varied portfolio in order to optimize lifespan.

We've batted around ideas by raising gradually - in two parts, 1 soon and 1 6-9 months later, and letting them know that and starting with increases soon on some people and in March on others.