So my biggest concern is if rents dramatically decrease such that my cash flow is impaired.

I can't decide whether to continue to try and invest a buy and hold strategy in this market as housing prices have risen and are continuing to rise so dramatically that 2-3bed/2bth condos are impossible to afford and cashflow.

Does your labor rate for skilled workers increase dramatically?

If you do your research and hire a quality PM, your workload will be dramatically reduced, your stress will go down, and your income will increase.

I'm trying to get focused in an area that may not bring as dramatic returns as the money flush pros look for.

In reality, offering materials are designed to sell and results can vary dramatically by sponsor and property.LP and GP interests are aligned when the sponsor says so. 

The cost savings of having the trenches dug and filled by someone else was dramatic. 

Broad rate indices provide a sense of the dramatic changes in the credit markets. 10-year Treasuries were 1.88% at the beginning of 2020 and 0.84% as of March 23rd.

Illinois taxes have risen dramatically and a lot of people rushing my way (Indiana, 30 min south of Chicago) It sounds like there's a lot of legalities and it's a long shot getting these homes if there's no estate and on the last 2, I don't believe there is. 

What an investor thinks of as a real "deal" differs dramatically from a normal retail buyer that's just happy to get 5% off of market price.