I agree that rates have naturally adjusted with the rise in the Fed rate, and it seems like the 10-14% range may become the new normal for a while.I’m curious—what’s your outlook on how this rate range will impact new investors entering the market?

Turned a single family house that was poorly marketed but in a great area of my city, listed mid-winter where there's less competition, into a duplex for all intensive purposes and used airbnb to rent out rooms.

I analyze intensely the ARV price points in my target markets for at least 9 months before I buy. 

I get the dreamers wanting to pay to get into development and I can see in some markets this would work were its not so intense to develop but in other markets ( and I am sure the Guru just takes your money and does not get into  market specifics) 99% of the folks buying this will never do  anything with it.. it takes decades to figure this out or U need to be with a BIG firm that has millions upon millions behind them..

I understand that the average household net-adjusted disposable income per capita is USD 20 519 a year.

Than maybe with adjusting the vocabulary to REALIZED performance and UNREALIZED performance, we can start correcting understandings. 

Quote from @Carl Rowles: When you insure a SFH rental property, do you try to adjust and of the coverage amounts?

I have financed a number of STR properties and they will usually be appraised as a pure real estate as vacant value and a cash flow adjusted commercial value, sometime separated as going concern and real property.  

Your town may have just undergone a comprehensive reevaluation which adjusts the property values of the whole town.

Time allows for adjustments, scaling, and reinvestment in ways that short-term projects simply can’t achieve.