Also, finding an attractive property using the 70% rule is difficult, and what do I do when interest rates inevitably rise?

And chances are they will probably rise.  

Unlike commercial real estate for example retail where tenants pay your property taxes on a NNN lease you have to eat any rise in cost on multifamily.

Most of the software providers I found are set up mostly to serve the industry before the rise of AirBnb and instant booking.

If you're in contract on a deal you got under contract before Nov. 8, are you going to try to "retrade" the purchase price by 3% to account for the rise in rates?

I'm also concerned about rising rates, so wanted to move on something relatively quick.Thanks guys!

But in the end, rising interest rates mean less money for you.

I have or am investing in all of these strategies, so the other possibility to think about is you can combine strategies.Keep in mind that we apparently have entered a period of rising interest rates, and that 4% rate will likely look really low in a rear view mirror not far down the road.Whatever you decide to do, you are in an excellent position.  

Chances are their determination for reasonible rent is not the same as the tenant's definition of reasonible temperature.   

Reason I am asking is all the folks I have talked to so far have quoted me in the the 6-7% range talking about rising interest rates.