@JD Martin agree 10,000%What I am surprised about is I had a call with someone in Austin today and in sw Florida and they both said things are awful and prices are dropping at high rates - curious don't hear as much chatter here about that as it could be an opportunity 

I know of at least two big players in the lending space who have begun asking for a higher rate if you had in a sec 8 / HAP leases.

Popular markets often include beach towns, mountain retreats, and areas with strong tourism.It’s also important to research local regulations, occupancy rates, and management costs to make sure the numbers work.

Offer a competitive interest rate, but lower than the current rates being paid. 

Is this expected since interest rates are high and listing prices are subsequently dropping? 

Are they at market rent, or locked into below-market rates?

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

The metrics I'm primarily focused on are: rent appreciation rate, property appreciation rate, economic growth rate, unemployment rate on the macro level.

How do you go about determining market rate?

Avoid surfaces that can stain or feel cheap like low end LVP.