Long story short, my market got really hot both as an investment location and also is growing rapidly.

Depending on your market, another item I haven't seen discussed on BiggerPockets is feng shui.I was at a rapidly-growing startup that needed a larger office space, but office vacancies were hard to find at the time.

@Maneesh Joshi if you are looking to buy turn key properties (RM1 +2 units) point breeze is a great place to invest since the appreciation has been rapid over the past few years.

Frisco has some growing pains from their rapid growth, Richardson is more mature, but older housing stock, Plano is a mix of old and new, Allen, Fairview, and Mckinney are mostly new. 

You’ve now made 13 payments over the year but in smaller increments which makes it easier to swallow for most people.

That being said home values are approximately 8% higher nationally than at the last peak in 2006 and the SD market has been appreciating at a rapid pace since 2012.

I don't have much experience in a rapidly appreciating market, so at first, when I would lose bidding wars on properties, I would just shrug it off and move to the next one.

We are able to scale at a rapid pace and we want to do now before we start having kids.How did you find this deal and how did you negotiate it?

Incremental increases creates confusion, increases the chances of payment problems, may result in the tenant eventually reaching a point that it's unaffordable, or it can create animosity.

At least that’s the current advice - this stuff is changing rapidly with new guidance from the IRS.