Every month of the year has nice average weather.It certainly is not cheap to live in San Diego (fortunately that is no longer an issue for me).  

For the most part, due to interest rates, breaking the 1% cap rate still won't provide positive return after expenses.

When you finance through national lenders, in your experience, is a balloon a common requirement for commercial loans of this nature or is it possible to get a fixed rate for 30 years?  

.- in this higher rate market, i find BRRRRs to be challenging because after a high LTV refinance the units have negative cash flow.  

You might want to check out listings in your neighborhood to get an idea of the going rates and what amenities other hosts are offering.

The metrics I'm primarily focused on are: rent appreciation rate, property appreciation rate, economic growth rate, unemployment rate on the macro level.

It is going to be near impossible to cash flow on a property with 100% financing, especially if that partners rates are above conventional rates.

I have bought some cheap SFRs in I believe 2013, because I was looking for ways to stretch my capital.

In 1972 the 30 year mortgage interest rate was 7%.

If you aren’t saving the money up to buy another property chances are nothing will pay a higher rate than paying it towards your mortgage.