The market has corrected, and unfortunately, this means that the value of your investment has taken a hit.The main issue is that these properties were purchased at a high basis, meaning you bought when prices were inflated.

You can expect 4%-6% equity appreciation gain, especially with current rate and inflation.  

CPI measures general inflation for consumers for major individual expenses such as food, gas, shelter, and other basics.

The inflation is starting to turn the rental market on its back.

I came across a random podcast talking about FL's market crashing due to inflated cost with too low of a demand, along with refusal to cover storm/hurricane from insurance agency ( I admit I haven't researched the truth behind this one), assuming it pushes owners/investors to go to private thirds at a massive premium.

I can't speak for Cape Coral, Tampa, or Panama City but I assume those markets are inflated too.

Comparatively to the markets in California and NYC, it is much harder to cash flow with how inflated the purchase price is of most properties in these markets vs properties in Philly. 

I highly suspect something will standout as inflated in this accounting.  

But, with signfiicant inflation and ppl struggling the landlords will bear the brunt of it in NYS.

This is my basis strategy when accumulating primary from where it was 400k-500k back in 2010-2013 era; the appreciation is double inflation, 6% ; and interest rate is 3% ; making this strategy is equivalent to 16% CD rate.