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.

Those fees add to the price of the property and many companies choose to cut other areas like renovations rather than increase the value of their product.  

Who cares about lifetime interest costs, except to the extent you can easily lower them (refinance to a lower interest rate) to increase your cashflow.

We all know 'housing affordability' is one of the hottest political topics as of late but I'm not seeing any commitments to increase inventory. 

It’s worth considering the trade-offs between the stability of income and the increased oversight and hoops you'll have to jump through.

In beach markets, in ground pools tend to increase revenue 20% or so. 

You already mentioned Mid term, which can be a great way to increase cash flow.

Supply and Demand: When buyers outnumber sellers, prices and rents rise.Population Growth: Cities with significant and sustained population increases are more likely to see long-term rent growth.Job Stability and GrowthA property’s value is tied to the jobs in the area.

Apparently, because rates increased here so astronomically in the last 2 years, the insurance industry believes their numbers are correct with the risk.If you have the correct coverage @Marc Shin, you should be covered (although you should also have budgeted or baked-in costs for minor issues/damage).

The Highway 64 property presented a great opportunity due to its low acquisition cost and potential for substantial value increase.