The only way i see to position againt this is lower priced properties with cheaper rents, as new developments will necessarily be top of market rents.If you can find a deal with rent advantage in a decent area, great, if not, maybe diversify, into; syndication, some reits, online lending(prosper etc) and maybe an alternative asset class like industrial.Also don't discount dry powder when the next big stock market correction shows up!

@Jalen Henningsen A house hack will all depend on how much you have for a down payment - You'll need a bit more dry powder in Nashville or Austin - That being said I think there is a really positive outlook for towns along Interstate-35 in Texas (San Antonio, Austin & DFW) and there is an opportunity to find affordability in growing areas outside of the core of these towns. 

HII have bought a condo in Powders Spring GA for only 65K but my Landlord insurance has come to around $900 with travelers.

Hi Investors,I just got closed on my first rental property in Powder Springs GA.

Right now I have a large dry powder / opportunity fund in a money market acct earning 1.25%.

If the market takes a turn you'll want to have some dry powder.

You will need to plug the holes with filler or putty (or just leave them) and possibly re-poly the floor.I've also heard of people spreading talcum or baby powder on the floor and working it into the cracks of the floor to act as a dry lubricant and reduce squeaking. 

After I'd gotten those properties going and kept my powder dry (cash in the bank and continued to earn and had those houses paying for themselves) then I would either refinance the third house into conventional financing or purchase another home to live in using Fannie Mae or Freddie Mac or if the property is right, find a distress sale that will do owner financing.Be creative. 

That way if I get into one deal I still have “dry powder” ready to take on another deal if one just pops up.

If Boyd told me I needed to get a rent boy and a bag of Bolivian marching powder to close a deal, I might consider it.After I call, Boyd drives over at 90 mph to get us to sign a contract and the earnest money check.