The second is it actually incentivizes tenants to stay put because if they move, they will most likely be paying a larger premium.Definitely an appreciation play. 

We need to take the high-school attitudes out of play, and understand that every problem does have a solution, even if everyone is not happy.However, depending on the attitude of the complainer, I can get nasty too.

Seems they have gotten comfortable playing the blame game on each other as a distraction instead of creating solutions.

Simple value add play, very confident I can bring the NOI from $427,000 to $550,000+ in a few years.

What role do I want to play?

In my area on-market there are some SFH with good investment potential but they require rehab, which is a more sophisticated play than what investors usually want to mess with for the SFH space. 

Can I play it simple and get approved by rocket mortgage and get right to shopping?

When (insert type of income-producing real estate here) becomes more popular, buyers are willing to pay more, which means cap rates go down.There are three primary forces at play here.  1) falling interest rates make debt cheaper and makes real estate more attractive.  2) rent growth gives buyers hope that the income stream they are purchasing will grow over time.  3) poor performance or perceived risk of other investment vehicles increase the desirability of income real estate, meaning a lower cost of equity capital for real estate buyers.Expanding on point #3, the worse other investment vehicles perform, the less investors demand from their real estate investments.  

Not saying...would prefer to keep the competition to a minimum :-)But there are areas that are not that large that have lots of varying reasons for people to want to go visit/work/play/get away.....They almost have to be found by happenstance....Most people look at the obvious areas.

Janet Yellen announced this week she is out of cards to play when she spoke with congress about raising the debt ceiling.