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.

Tesla Inc. appears to be on the verge of a major expansion of its huge factory in eastern Travis County, with recent filings indicating the Elon Musk-led company intends to add 5 million square feet to it — a 50% increase from its current size of 10 million square feet.

Second, your tax prep fees would increase dramatically.

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

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.

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

Depreciation, the tax write off from my then high paying job had value.Over time, rents increased and property value went up.

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

I've just closed on two turnkey deals in Memphis and so far it's been a good experience, so just weighing my next options and I think the BRRRR method will very likely increase my CoC return so just trying to build up some contacts should I decide to go that route as my next experiment.