A rising tide raises all ships.

If so do you have concerns in today's rising rate environment? 

You still may have negative cashflow, but it may be smaller, so is addressed by rising rents sooner.As a professional in the Build-4-Rent space, let me make some corrections here. 

About deeds, about financing costs about trusting when an area will likely rise in value Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Look for areas with job growth, rising populations, and low vacancy rates.

The only way to modify a loan to a lower payment during a time of rising rates is to move a bunch of principal to the back of the loan.

If this Cap is allowed to expire, I would think that there will be a rush to take advantage of it.That should increase demand for higher priced Homes because the Standard Deduction gets reduced significantly AND you can go way above the Standard Deduction by Itemizing the SALT Deductions.If your comps are Single Family Homes and/or small Multi-Family that can convert to an Owner Occupied (think BRRRR here), it is well should rise in value as the Federal Tax deduction lowers the monthly payments for every homeowner with a large Mortgage that also pays State and Local Taxes. too funny I had not thought of the Salt deductions in years and today it popped into my mind then you post this.. very true for high priced markets this will be a huge bene

I'm actually doing this right now and am going to hold a recent flip project as the area is going to be developed over the next couple of years and I expect appreciation to rise. 

The window has to be big enough to climb out of and there needs to be a ladder to climb up from there or else it will not be legal and you could be liable in case of injury or death.If the basement has a walkout to the backyard on the same level that can work, but most will rise and fall by the above.

Not this crazy stuff you see on TV.  90% of S.O. that are looking for rentals specially if it is a higher price like say $1,000 or more are serious people that are trying to rise above the muck and be a better person.