For A/B class tenants that may be ok most of the time, but many tenants are paycheck to paycheck especially in cash-flowing markets.

Depends on the Property Class!

When you go to formal school, for any profession, you don't take one class, or series of classes. 

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"? 

Incredible book that has probably changed my life more than any other book I have read (though admittedly I do not read much) As I poured over the 700+ pages I fell in love with the spirit that was protagonist Howard Roark, who defied convention to make more beautiful architecture and was loathed by society, especially the ruling class.

Buy a fixer-upper to renovate and flip for a profit?

Depends on the class of the asset.

I think we are competitively priced, so most of out tenants have been renewing, but we plan to test higher rents in 2025  for our larger apartment buildings to account for the steep increase in insurance prices.There have been A LOT of new apartment buildings put up recently in the Cedar Rapids metro area, so depending on the class of tenant you have, maybe that could account for some of softening you are seeing? 

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

But if you know what you're doing in finding the properties and want a fixer upper, it's doable.I will say that the multi-family rental market is pretty saturated here though.