I know a few investor up in the New York area and they have all started looking mainly down south and some midwest as cap rates have compressed significantly in this area and simply do not cashflow unless you get an amazing deal from a motivated seller.

So I live in the Atlanta market, but do not invest here because of the compressing cap rates and minimal cashflow.

Apartment sales in the area have slowed down because the cap rates are getting compressed by the raising interest rates but sellers aren’t interested in raising the cap rates yet.

Compressed rents create all sorts of problems. 

I WILL work on it.I like where valuations have risen to and where cap rates have compressed to. 

The CAP rate goes down (compresses)Since the CAP rate won't be going down anytime soon, the only way for MF to appreciate is to raise rents or lower expenses.

Additionally, I had compressed air blown through the domestic water lines to completely clear them.The buyer wanted the water turned back on for inspections which is a reasonable request.

This was before AirBnb and VRBO were mainstream, so rates may have compressed since then.I currently own STR property in Maui and the rates are in the 20-25% range.

Here you don't need external funding source.The nature of double closing is basically two seperate transactions; compressed in same day.  

It is this demand that is compressing ( lowering) cap rates.