I think Texas is one of the few states outpacing us right now but they have issues with weather on the coasts there and very high dry heat temps.

Raccoon's love dry dog food, it's a good bait and if you have a dog keep it's food inside the raccoon are probably eating more than the dog.  

Go get that steal of a deal on that 65 year old shack that some poor slob might rent to stay dry. 

We all know the MLS is dry and most of the deals I have come across from "wholesalers" are just trying to move stuff that no one wanted from the MLS.

Assuming you've fixed the leak and dried it out... spray the walls with your choice of chemical like chlorox.

There are two properties that caught my eye 5590-S-Prairie-View-Dr and 5570-S-Prairie-View-Dr. I

I don’t necessarIly associate leverage wIth greedI think the distinction needs to be made between the residential properties and commercial multi families in commercial no matter how good an operator you are if your balloon payment comes due in the depths of a recession where capital markets have dried up your probably French Toast.

Surely they will pay $1,000,000 for that cash flowing cabin…However, as mentioned before, that investor now has a guaranteed 4 percent treasury to park their money in for a locked in 40k profit sitting on their couch (no VRBO or AirBNB App needed)…there is a large opportunity cost now, of which did not exist for the past several years until now, so these prospective cash buyers are drying up, as they should.

I am sure if you dig enough you could find a local independent portfolio lender that would have longer terms but I decided to not fight that battle which comes with more restrictive guidelines and chances of drying up.

Interest rates up/down 50bps-100bps one way or the other really don't matter that much as long as credit is still available... when it's not its time to get ready...We expect we'll be able to raise the rates we charge on financing significantly by the end of the year as credit dries up.