(in other words, this year there didn't seem to be any significant seasonal shift in the market--it was continuously a seller's market) ...and what @Sherief Elbassuoni mentioned about interest rates is correct; it's very likely interest rates will continue to increase through this coming summer.Lastly, I'm not sure how you'd find a 2 or 3 unit property in SLC for 600k--particularly in southeast SLC (if you do find it, I'd say buy it!).

There is nothing wrong with them, you are just taking a risk that is not “normal” by society’s standards and doesn’t conform with the normal “40hr/week W2 job until you retire” type of mentality.

The shift is similar to when 100’s of years ago society went from bartering systems to centralized currency. 

If Landlords don't make a profit, there's no incentive, rentals would go away, and everything would belong to major corporations or the government, neither of which bodes well for society.

The public sentiment has shifted drastically, as people realized that now, the paper dollar is not backed by anything, which lead to massive capital flight to assets and everyday purchases, fueling inflation to unseen levels of 15% in the end of 70s/early 80s.

The way that i have been able to make it work, is by shifting strategy from Long Term Rentals, to Short term rentals.

You are not getting more expenses, just shifting when you can claim them.

We've shifted strategies from SFR to small multi-family and would love to share what we've learned! 

The market is shifting so you don't want to be caught in a position where you can't pay it back in the time you need.

The criteria have shifted over time, but I'm sure not sitting on the sidelines.