Quote from @Michael Smythe: @Jerry NoguerasRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Unfortunately due to the property values, the cash proceeds will be disproportionately impacted by transactional costs associated with the financing (doc prep, appraisal, recording etc.) which will also hurt the available proceeds compared to the same LTV financing of higher value real estate that can better absorb these transactional costs. 

I've learned that it's extremely important to find balance in this industry as your passion for your business can impact your personal life greatly!

I'm not sure how the current political impacts this.

There's also discussion of intentional inflation, but is there any impact on real estate prices at all?

China, East Coast and West Coast impact to 2025 building costs but also impact in housing completions.  

While not as widely discussed as interest rates, capital gains taxes also impact home sales.

I am very interested to see experienced host's perspective.That's a great point, and I completely agree—many amenities are more about enhancing the guest experience, which indirectly impacts ROI through better reviews and repeat bookings.

Lots of books have had a huge impact on my mindset and fueled my passion for growth.

The shorter the prepayment term has an impact on increasing the rate.4.