Cost of food, gas, and the like are up.

Inflation has seen the largest change in the last year since December of 1981.People across the nation are feeling the 8.5% price growth at grocery stores and gas pumps, but what about the housing market?

What you point out makes sense to me; consumer lenders cater to the demographic segment that has zero disposable income and is all the sudden facing higher prices for gas, groceries and rent!

If yes then let me know.9) A scanned copy of your valid means of ID will be required before approval will be completed, other means of verification is also considered.10) Your full contact info and also the loan info will be needed from you. ( a loan application form would be sent)Get back to me if you're okay with terms then you are assured of getting funded without any further delay once application process is started and completed.Thank youJordan SteveSee above.. 

Each unit is metered & the tenants pay electricity, heat/gas & trash collection.  

My gas bill in the winter is over $300/month.

U.S. average is ~$4kI use 8% vacancy when underwriting MFR.Always include Management (10%) in your underwriting, even if self-managing, for two reasons: 1) Property management is a job and if self-managing you deserve to be compensated for it, 2) You need to know that an investment property will support itself if you can't (or no longer want to) self-manage.Why are you including Gas and Electricity in your underwriting?

Did you have to run electric, gas, and sewer out there?

Not spending as much on gas or eating lunch out everyday. 

My question is how good is a pre-approval valid for?