They cut out all but the best locations and were way more cautious.

If you’re using leverage, be extra cautious with your underwriting to ensure the deal still works at today’s rates.Economic Uncertainty: Inflation, potential recessions, or shifts in demand could affect rents, vacancy rates, and property values in some markets.Increased Operating Costs: Rising insurance premiums, property taxes, and maintenance costs can cut into profit margins, particularly for buy-and-hold investments.Regulatory Risks: Some areas are increasing restrictions on landlords, particularly short-term rentals.

We just want to do everything cautiously and correctly so we can move to number two lol

If I were in California or certain parts of other coastal states, I would be more cautious than I am in the other 40 states.The majority of claims against Landlords are security deposit disputes.

Having said that, I'm cautious to use it on a BRRR, unless a deal falls into my lap.

Just be cautious, that's all I ask, and make sure you evaluate every deal THOROUGHLY.Best regards,Anne

As mentioned, it is virtually daily that there are posts that seem unlikely to have any path to a return that warrants holding the RE.i wish everyone be thorough and cautious in their underwriting.  

Also be cautious for you partner certain activities do require a real estate license.

If you're investing in major cities, you'll have an easier time with occupancy rates for STR for Airbnb, but will have be very cautious about the changing laws.

Several economic factors are contributing to this shift:Overbuilding: Some areas of Charlotte have seen significant overdevelopment, leading to an oversupply of rental units.Tighter Money: Rising interest rates and economic uncertainty have made tenants more cautious with their spending.Tenant Behavior: Many responsible renters are choosing to stay put rather than take on the cost and hassle of moving.What Does This Mean for Landlords?