Hoping for long-term tenants without a lot of turn-over. 30 year fixed provides nice hedge against inflation.

Assuming it's newer build it shouldn't have major issues for a while so slimmer margins aren't as bad in the mean time until rents raise with the coming inflation.

A quick search turned up info indicating that the cap may be 5% + inflation so there is a bit more flexibility there.  

The craziest thing is that more people entering the labor force might actually tamp down inflation.

We got the line set based off these inflated prices, and we're putting idle funds to work until the market turns, at which point we'll write a check out of our line to finance the next property.I actually liked the loan so much that I left my job in Medical sales to join a broker that specializes in them.

I've run into investors who don't mind because they plan to put more down and just want a safe place to park cash especially while inflation appears to continue to be on the rise.

Also, I think a cap could be bad because if we did have significant inflation, it may not just affect "the rich."

Both rents and property value increase with inflation. 

We're able to enjoy our monthly cashflow, see appreciation, and are ready for the next opportunity when the market turns by setting the credit line now at these inflated values.

I've taken this opportunity to get a specialized line of credit set-up at these inflated values, and will mostly likely wait until the market turns to get into full-on purchase mode.