These all affect the rate. 

It has to affect people's wallets. 

These are a few things I have learned over the past couple of years:-Get everything in writing with any partners, contractors, or anyone else that affects your project.

So far....3 closed investments with complete return of principle making 9-12% annualized but taxed at short-term capital gains rates. 1 default with a 64% loss of principle (on a borrower who was a "repeat borrower" on the platform). 1 equity investment that in 20+ months has paid less than 2% and currently is looking to re-finance (and this was on a borrower who had "3 prior investments" with this particular platform). 1 pending closure with full return of capital. 3 investments that are paying between 3-9% annualized. 

I do love this market, it is a high demand area with many bustling scenes and great weather, and IMO fairly recession robust because it is more of a high end destination, meaning most visitors are not as affected by downturns.

Selling will, of course, get you 94% of the equity (-6% commissions), you will have to pay cap gains taxes or do a 1031 exchange of an equal or lesser asset and can hinder the purchase process.To mortgage, a property that is clear and free is to leverage debt and the real meaning of Brrrr; Repeat 

Rehab minor cosmetic, using private money for down payment and rehab.Rent at new appraised rateRefinance, if cash out is an optionRefinance cashes out original seller too.Use cash out to pay lender backFind a tenant/buyer willing to pay mortgage = current rents, and willing to put 10% down on new appraised value.Seller finance at higher interest (wrap)Collect cash flow, no landlording responsibilities, add the leftover cash out to the buyers down payment = new investment and repeat.

If you have an HVAC servicing the unit/building, meth gets everywhere and can be affecting other areas.

Plus, the latest Market News affecting your business.MAIN MEETING: Prescriptions & Predictions: Expert Panel Discussion on the 2020 Greater Arizona InvestorProperty investor veterans see the internal conditions in the industry as solid.

I've been repeatedly told there are no good ones and now believe that may be true.