(ATTOM)These figures represent a significant decline in foreclosure rates from the peak levels recorded during the 2010 housing crisis.

What the investor will have is a long term appreciating asset; that will provide an increasing cash flow as rental rates increase, and steady amortization as the note is paid down.  

Rates will range from Prime (currently at 7.5%) to Prime + 4% (11.5%).

* Does it significantly affect rental demand, vacancy rates, or rents?

It may help to lower your price during the slow winter months for a six-month lease, then bump the rate up in the summer when demand is higher.Zillow will tell you how long each listing has been on the market.

I don’t really have an interest in House hacking if long-term rates are $700 a month incl utilities for a bedroom. 

The removal of the Taxable Value cap and the switch to Non-Homestead millage rates can double, even triple, the property taxes.

Yes, I also feel hesitant about letting other tenants know that I am the property owner.I agree that targeting areas with good neighborhoods and higher class ratings is a safer choice.

You can't beat the price, either, or the interest rate on deposits.

Possibly lower returns than projected because of statutorily mandated interest rates following court judgements.