Quote from @Collin Hays: From a macro standpoint, cash flow is difficult when servicing debt, at least in the early years. 

Companies are having to set aside a certain percentage to cover the Cap Rate insurance and as an abundance of caution with these interest rates- class B are paused.

I'm a Realtor with a couple properties listed in Boise, ID and a neighboring town for my investor/client that are currently rented as co-living or rent-by-the-room and getting killer income. (7.3% - 9.5% Cap rate) So far, every inquiry has been baffled by the concept of co-living or rent-by-the-room and immediately ask if they're being run as a halfway-house (which they are not).

Financing can be expensive and difficult to find.  

The deal itself seems like an incredible opportunity for the right buyer,  penciling at a 9 CAP. 

Pot smell is notoriously difficult to get rid of. 

If finding a new replacement is more difficult then get your new property under contract first even before your old property closes.  

So, in reality every month your moving close and closer to sucking out months/years of profits via items aging out, cap-x coming to bear. 

As others have mentioned, Vancouver is very expensive and difficult to find cashflow. 

Here are the 14 main highlights:"Just some analyst's thinking cap predictions.