Our rents come in like clockwork and we are able to increase rents annually with the COLA afforded through HUD which makes it a pretty simple business model.  

While the 1% rules and deals with significant equity have become increasingly difficult to find within the 270 outer belt, there are an abundance of these deals to be found both off and on market in the Columbus' Tertiary Markets.

If you're looking for something that provides cashflow and can run itself, then I would suggest setting up a team and buying a multifamily property that is in really good condition.

But why wouldn't an increase in the cap rate decrease the property's value?

we eventually refied after only 9 months with a significant noi increase through fannie becoming cash on cash plus a sizeable non taxable event along with 5 years i/o at a very low rate which allows for a healthy cash flow

The community would benefit greatly from an increased pool of skilled professionals to meet the demands of upcoming projects.

Nothing inconsiderate about this as long as you are planning to follow through and actually buy some of these deals.If you've already dialed in your buy box then you're probably only sending them to properties that you are likely to write an offer on (the right location, the right condition, the right bedroom count, the right lot size, the right amount of bedrooms, etc).

Over time, I plan to refinance to help create even more cash flow, and with time, rents will most likely increase.

In 2018 the average US home price was $248k In Dec 2023 the average US home price was $382,600.An increase of roughly 50% in 5 years. $100 in 2018 buys about $80 worth of goods in today's purchasing power. 

Your cash value grows tax-free (with proper planning), providing you with an ever-increasing resource to fund your real estate ventures!