Rental rates will likely remain close to their “sticky” highs, especially after the recent corrections seen in quasi-oversupplied markets and consumers will have to pull back elsewhere.Excluding shelter, core inflation has actually been at 2% for some time now.

I still go look on Rabbu/AIRDNA, Compare MTR rates vs.

While the leverage may be lower, banks typically offer fixed-rate options instead of adjustable rates.Remember, each property tour is an opportunity to gather valuable insights and make informed decisions.

Compare rental rates in your area for similar properties.

HUD used to advertise the appraised value in their listings, which always matched the original list price.

The remaining principal was about $450,000; the stated interest rate was 11%, and the note had 8 years to run with a balloon.  

@Adriana Siu if you can get $3500 cash flow and have a low interest rate, it should cash flow well.

"Cash Flow" nowadays seems to be a lot tougher than the years past with rates and home prices (and HOAs) the way they are.

This could also be called an 'equity play' where you are just buying the property to get into the real estate game and build equity, as it isn't cash flowing in its current situation (be it because of high interest rate, high RE prices, or whatever).  

Dan - I'm not buying in DFW, but I am underwriting with 0% rent growth the next two years and then growing out my rents and expenses at the same rate in outward years - typically at 2% each.