Currently closing on a couple deals and this rent control will definitely shift the game for us.

@Eric Puffenberger I'd also love to hear how this shift to MTRs goes for you and learn from your experience! 

Account Closed excellent illustration of what can happen if the market shifts even a little, the dangers short term/long amort debt, and the relationship between cap rates and interest rates. 

Ignorant :) though also bureaucratic and unable to shift their process even if knew the latter is erroneous.

It's more likely that (a) your sidewalk has shifted or deteriorated and created a new hazard, or (b) this inspector noticed something the previous inspector did not. 

We tried to raise the rent to $700 per month, but the job situation means that no one has the income to pay rent and utilities.Over the years, the entire neighborhood shifted from ownership to mostly rentals, and those rentals are newer and undercut our rent rate by about 20%, further hampering our attempt to raise the rent.today our 100% ROI has dropped to about 60%.

They are probably sitting on the couch watching the latest TV show. trying to forget about there financial stresses, backstabbing co-workers and the boss they wish they never had but do. wondering what politician is responsible for there woes. 8 or 10 hour shift, 5 days a week, same tasks.

I'm looking at shifting my investing towards the area entirely maybe we could talk sometime or potentially partner up on some deals!

If your tenants feel disrespected by you or your process and/or unclear about the SOP, things will shift in a negative direction and can get really bad- like causing damage to your home, not paying rent, late rent, being nasty, etc.A work around for these issues, is to hire a property manager- as it removes you from the equation and they will have a SOP that hopefully is time tested.

This is also common and in a housing market with elevated rates and buyers and sellers taking a wait and see approach I would hesitate to be so confident on that number.Any one of the three could cause an issue.Personally, I would not think about flipping as you will owe taxes if not done in a 1031 exchange and in addition to taxes you will have the transaction costs even if you sell the property yourself.You can do a cash-out-refinance to get your money out tax free or get a Home Equity Line of Credit if you want to keep part of your debt with the existing fixed rate mortgage.I guess, in short, I feel it is less risky for a new investor to rent and refinance than to flip into a shifting market.