RE market can't function if mortgage rate > cap rate, esp. in CRE.So a continuous 7% mortgage would cause some disaster here and there, I suspect a CRE commercial to get hit first, especially a Class A apt size, as the note is non-QM based.

This is important because your future economic losses are a function of tenant base in a lot of ways.Question 2: Will they be attracted to this location?

other investors, and those people also need an external forcing function to actually sell, it seems only some external stimulus would force (many?)

So for instance if I can get 3% a year "risk free" by buying 10 year treasuries, I would be a little nuts to buy for cash an apartment building in Seattle for that same return because there is all sorts of risk in an apartment building.2) Supply and Demand for that Asset class. If

Once you have a short list, get an account with each one and run them through the wringer to see how they really function.

@Chris Young some of these requests may be legit (obviously, if the heat or the AC goes out, that has to be fixed ASAP).However, the very first complaint you mentioned ("Hot Water taking too long to get to bathroom faucet") speaks volumes, and suggests that these tenants are either unreasonable, or they're unknowledgeable about how a house functions.

I recognize many calculators use this method and it can work if the percentage varies based on market (rent, tenant class).  If

Having rentals where HOAs are strong and functioning DOES have its downside - it can also have advantages.

This will help people connect with you after determining how their goals, services and resources align with yours.2. use the 'search' function to find topics, members and areas of interest.

You should also ensure fixture stop valves are upgraded to 1/4 turn ball valves so they will function when needed if tenant notes a leak.Here, condo associations have for several years had the capability to enforce "High Risk Component" inspections periodically, primarily to check for leaks or related failing components.