Each market is different but as a national average, the increasing rates have increased the inventory.

For context - after 7 years we are averaging over $700/door… but this is after many financial moves to get us there… but even starting out, the  $300/door was, and remains a good goal post to judge a deal by. 

So, in your example it might be at 9% interest rate which would make the weighted average HIGHER than taking out a mortgage at today's interest rates because the 2nd mortgage would be 3x as much as the 1st mortgage. 2.

Tenants stay for many years vs vacancies every 17 months on average with MF.

Congratulations Greg, Those are amazing returns from. 2014 to 2023 over a 10 year span to average 40 per cent is phenomenal.

Download Thumbtack on your phone and get someone from there.

It was written before the days of YouTube, so it's not full of the common nonsense where authors sell a course, send you to their website for downloads, or write a follow-up with additional "secrets" they forgot to put in the first book.Long-Distance Real Estate Investing by David Greene was another good one.

San Diego SFH rad average rent increase of $600/month last year (source Core Logic).  

I am currently only looking for deals that make a lot of sense and the one today offers 2X the cash flow per unit than is my average on my other units.

Do the Airbnb discounting, price a little under market, make sure your cleaning fees are at or below average, looser cancellation policies will all help.