Hey John, I'm a local Cedar Rapids investor as well and have several single family houses we rent out.  

Hi @Bree Long      Cheap money certainly inflated everything rapidly, but we still have a massive scarcity of supply, which will prop up the current prices.

ThanksI have been testing and utilizing LVP since it first came on market (yeah I know, I'm old) and for a million bucks i couldn't possibly recall all the brands, types and styles over the years, and with that I am not brand specific as LVP is still a rapidly developing product constantly coming out with something better and better.

Theres people out here in the rapidly growing Melbourne FL area with land on the out skirts of town that would love to partner with a competent GC and a lender to get a duplex put on it for example.

I've been investing in Jacksonville for three years, and the neighborhoods can vary greatly.Even though the city is changing rapidly, I would stay away from 32208 and 32209.

Most shore towns are growing rapidly and becoming more popular for vacation travelers. 

I am having similar experiences with maintenance and capex and also scaled rapidly for me with 18 small C class multis properties in 4 years.

It's one of the pockets where you can cash flow pretty well, and values are appreciating fairly rapidly.

Merion Village, Hungarian Village, Old Town East, Franklin Park, Southern Orchards, South of Southern Orchards, South of Main, Old Oaks, King Lincoln, Milo Grogan  etc.These neighborhoods like most of Columbus are appreciating rapidly while also cash flowing well.Good luck on your search and reach out if you need help! 

I think what you're asking is will a recession occur due to the rapid rise in interest rates and if it would be best to wait and see and then buy if the prices drop significantly. $65,000 a door is still pretty good in my opinion, I imagine rents are over $650 which would be a 1% rule.