The Fed's intervention, through increased interest rates, is intended to curb this excessive growth and bring the market back to more realistic levels.It's important to understand that a correction is a natural part of economic cycles and does not necessarily signal a crisis.

But moreover, not charging and application fee is more likely to get you people applying who, well, umm, know they would likely fail one but why not apply since it's free?

I know people say that, and it is ideal, but it is difficult, especially in growing markets.

Yeah, at this point, I’m just hoping for some general watch outs or to hear about other people’s experiences, good and bad, and any advice.

I often refi people with a 0.5% rate drop and no closing costs.  

It's the best way to connect with the people in your market really making things happen. 

Both the tenants and property management company were recommendations from people I trusted, but I will raise my vetting game in the future. 

Which will bring plenty of other investors and general business to the area.

It might bring $750K, which would still be too much.4525 Hooper Hwy, Cosby, TN 37722 | MLS #1258689 | Zillow

Lots of people complain about the "timeline" risk.Start looking for a replacement property during the marketing process of the property that you are selling.The 45 day ID period only starts on the day you sell your relinquished property.