Especially with the inflation, we're seeing. 

To sum up: We started out aiming for cash flow, and what actually has been the major benefit is equity through debt pay-down and inflation, over time. 

If someone's net worth is say 1 million and then jumps to 5 million a lot of them take the foot off the gas and just coast with investments to outpace inflation.

The problem is there’s not much listed for sale right now and everything is so inflated.

If you're using a percent of rent to calculate Cap Ex, you may be inflating your monthly expenses based on rule of thumbs %'s you have seen during your research.

It is an interesting question if it is true that there hasn't been a spike in wages (which it seems across the country that inflation has also hit wages as companies have to pay more to hire/retain employees) and not a massive influx of jobs, you would think that just because there is higher demand due to no inventory doesn't mean a tenant has more money in their pocket to pay the rent. 

Inflation is a hidden tax and so savers are losers (RK says something to this effect and I agree).

Compounded over 20 years creates a lot of loss doing some simple math.When you have background cost factors such as 5.8% - 7% inflation per latest consumer price index, your portfolio might not be able to afford rental rates from 15 years ago going forward.

You already know your desired market, you have the money and the will to do it....I suspect it's just fear holding you back.I would not wait too long though......the combination of still low interest rates and rising inflation make this the ideal time to buy.

With inflation still rising that delta is likely to increase.