@Amby Bhagtani- thanks -   lenders have introduced  lots of different  LLPA  ( loan level  pricing adjustments ) for  rental property scenarios ....even  with  rates  decreasing recently for  "owner occupied"  rates  - rental  pricing hasnt moved  much .....as the inflation / war  still being present - dont count on  rates  dropping anytime soon - good luck

The data shows prices are increasing in much of the country, not decreasing.

You would then have to have an explanation as to why you are decreasing your standard of living. 

Some may say that if the Tenant wants it they should just pay for it... well,  sometimes it just makes sense and would actually benefit and help you make your rental more marketable for a much less cost than if you tried to do that by having to pay for it all yourself, also you decrease vacancy in 2 ways - one your tenant will most likely stay longer; two you no longer have to take half a day between turnovers to install them, you can turnover a better product faster.

I am trying to cover all ends so I can decrease all major/catastrophic things that could come up.

What's worse is rents have actually decreased the last couple of years, and market interest has been cooling.

With your decreased living expenses,  start aggressively saving for HH#2 in Denver +/- 2 years down the road.

In this case, investment in other countries may become more appealing, leading to a decrease in demand for US property.Higher costs for building materials: If the US dollar continues to decline, it could lead to an increase in the cost of building materials that are imported from other countries.

Investors often obtain a short-term loan when doing the BRRRR method because your down payment will significantly decrease (20% versus 10% with most lenders). 

This can lead to decreased housing supply.