If its more than 20, id increase the rent. but if it's only one, then id decrease the rent i'm setting.

I’m not sure whether that will increase or decrease property values in the area.

-3.6% population decrease 2011-2016 (check the census). i would avoid. but yes, looking at the centris.ca properties the cap rates are great. 

Adding value, increasing rents, decreasing expenses in a time of compressing cap-rates will help increase the value of the property using a cap rate approach.

Yes, I do realize that I can refinance right now with a credit union local to the MN area, and could get an interest rate closer to 4.1% for 30yr, and that would decrease my payments by $220/mo.

@Lexi Teifke, I have always thought Kyle was slightly over-built and everytime there was a slight lull in the market (which has been a few years), Kyle had significant price decreases.

At this point in the hot market it could be somewhat risky and I think everyone would recommend getting as good of a discount as possible to decrease your risk. 

Understanding markets are local, the train of pricing increases continues to slow down based on the home sales reports released this morning S&P CoreLogic Case-Shiller Index reports 4.0% annual gain in February, down from 4.2% in the previous month.Case-ShillerMarch pending contracts increased 3.8% from February (primarily due to interest rate decreases in 1Q19), but fell 1.2% YoY.Pending Sales

We're going to have plenty of gold once they start mining the asteroids for it, so that scare tactic, popular for generations, now has a shelf life tied to the drastically-decreasing cost of getting stuff into orbit with reusable rockets.The guys telling you the dollar's going to collapse and the US will fail never have any clue just how dominant the US military is versus any other world power in history.

Which will naturally decrease your monthly income estimate.If you're paying less than 20% for a down payment, you'll likely need to budget for private mortgage insurance, which can significantly eat into your margins.I don't see a monthly budget for homeowners' insurance.