If their interest rate is 4% on those, then they are “making” the equivalent rate of return (4%) as the DST scenario you outlined above.

About 50/50 success rate. 

Quote from @Jimmy Lieu: Quote from @Andrew Syrios: The BRRRR strategy is tough these days (I even wrote an article about it that goes into more detail a little while back: https://www.biggerpockets.com/blog/beyond-brrrr-taking-advan...)In short, high interest rates as well as labor/material costs makes it hard to buy a property with debt and cash flow. 

It is available with most if not all US brokerages, but the rates vary greatly.We have partners who are foreign investors.

It can could just be due to the economy and interest rates and that it’s harder for the average person to make money in real estate compared to how it used to be.

What type of cap rate is usual for such places ?

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Columbus has a high expected appreciation rate.

They have definitely become more challenging since rates have gone up.

I'd expect those rates in the midcity/southdowns area, but not tigerland/brightside.