Keep it mind we are not going to see the same appreciation we have seen in the last years, if they keep raising rates, there might be a little softening in prices.

So, if the market stays flat you "break even" with costs at about 7 years, even LONGER if the market softens.

If I have a bunch of equity now, do I cash out the equity and wait it out with cash the next couple years expecting MFR values to soften or is that a huge risk because MFR values could hold/continue to climb as inflation could affect rents?

Is the market softening?

The rental market has softened and he is your only applicant besides the rude family of 8 who applied first.

If someone throws up another couple of apt/condo buildings or the market softens you'll see why condos are so risky.  

I am seeing rent rates in Nashville starting to soften so I would also consider this.

It seems like rents have softened lately but depending on your cost of construction, it could pencil out either way.

Hillside is starting to soften due to the oil prices so low, Alaskas economy in general is slowing, but the upside is that if you are poised to strike, it will be a great opportunity in a short time to buy low. 

Once they get to the the 4th time running there is generally less competition for them and the seller tends to soften a little bit and have seen bids accepted below reserve.