This year I may see if if I can get a construction loan to build 20-30 apartments, then refinance with an asset based lender. what markets?

It is going to be near impossible to cash flow on a property with 100% financing, especially if that partners rates are above conventional rates.

He breaks down what the fear of tariffs has currently done to interest rates and what future tariffs could mean for our economy and the housing market as a whole. 

Rates were still extremely low, which made both properties extremely lucrative with cash flow.

So, even when the market is challenging, you can still see properties and stay current.Don't take a break when the rates are high.

Prices have increased (higher terms/rates) as the fed rate has gone up so you have seen people who could get 8 or 9% now in double digits.

So this is creating more competition and more agreesive rent rates and/or concessions like 1 month free to get those vacancies filled.

I am not based in Detroit and can not physically go the office.

If AYPO isn’t engaging, consider switching to AceableAgent or Champions School of Real Estate—both are highly rated in Texas for interactive content and exam prep.

Don't change jobs or income yet.Once you do and you think you can manage the payments based on your new income, maybe once you get the rooms rented.Then if you want to switch there are plenty of opportunities.