Strong economic fundamentals often correlate with increased demand for rental properties.

Since then my rates have gone up and the deal isn't as attractive.

They don't necessarily spike the ADR but I have seen our occupancy increase drastically while having them. 

Those properties typically only attract undesirable tenants.

Then, when someone goes to get financing for the asset, the house appraises low, and since the lender is forced to lend off the lower of the appraised value and purchase price, their loan amount must drop and the down payment increases. 

Definitely take the car ride and lay it all out - including how regular rate increases might be handled.

Don't think we will see rates below 5% for a long time, but even at 5.5% that makes many investments way more attractive.

@Shafi NossPut them on paperstac - right now we have seen market on land noted decrease and buyers are targeting closer to 15% due to increased riskI don’t buy land notes but this was what people have been telling mex

We purchased it below market value and increased the rents from $1000-1200 up to $1400-1500 What was the outcome?

These improvements can help you increase rental income and property value over time.