they create the environment that discourages additional development of residential units, are surprised when there is a housing shortage, are surprised when rents  rise so fast, and then blame the LL because we profited from actions that the tenants advocated.  

Lastly, it could be that the bank is going to portfolio your loan at below-market pricing because they want the entire banking relationship (deposits, transaction processing, consumer lending, etc) or simply want the risk (yield).Lots of local and regional banks have been retaining loans at really aggressive pricing recently as the current environment makes this favorable for them.

The advantage of using a new build, when available, is a first-come-first-served environment instead of the multiple offer pay over list market in resale product.  

If you are interested in hearing some differing opinions on the multifamily market, check out the BiggerPockets podcast episode I just recorded with Matt Faircloth:  https://www.biggerpockets.com/blog/real-estate-876Despite my current negative feelings on the large Multifamily market, you’d likely be better off investing in a syndication today than 1-2 years ago—it was the shift in the environment (rent growth, interest rates, etc) that caused the ills in the industry that sparked much of the posts you’re reading.  

Peace & Blessings!

I recommend Total Money Makeover by Dave Ramsey and consider taking his class Financial Peace University. 

I quickly identified the tasks in my day-to-day that could be automated and learned how to do so, I think nowadays you don't even need to code to do that, but being in real estate means being highly adaptive to a dynamic environment, so having the knowledge of automating your business is very useful..

The challenge in today’s environment is that properties are far more expensive than  2018-2021, and mortgages are way more expensive as well.  

On July 17, he had the following to say: “I believe current data are consistent with achieving a soft landing, and I will be looking for data over the next couple months to buttress that view…While I don’t believe we have reached our final destination [for inflation], I do believe we are getting closer to the time when a cut in the policy rate is warranted.”TP: Bird Words — When it comes to armed conflict, ‘hawks’ want war and ‘doves’ want peace.

Eh, you're doing it right, this is just the environment we're in right now.