Quote from @Alex David: Rent rates vary dramatically based on location, quality, amenities, etc.

It is important to scale, but you'll dramatically improve your results if you scale smartly.

Do you think that the dramatic shift to EXP from other agencies is just starting or began last year and is continuing or slowing down?

We recommend you read our series here on BP: How to “Screen a PMC Better than a Tenant”: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesIf you focus on putting together a good team and can get them working together, you dramatically increase your chances of investing long distance successfully.

First, the pace of gross hiring has slowed dramatically ..

Mine hasn’t been so dramatic as I do have a wife and kids and not as much equity.

I understand the counterpoints here, but feel that the bet on rates coming down is a bet on the Fed suddenly and dramatically reversing course - something I think unlikely until Jay Powell's term expires and a new chairman is installed. 

The only way I get hurt is if I (a) try to sell the property, or (b) rent rates drop dramatically and I lose cash flow. 

You can print 20,000 mailers in bulk, but the number of motivated seller leads will be dramatically reduced.

With the large immigration influx, housing dramatically increased due to demand from those with deep pockets.