We are able to do this because (1) the notes we purchase have matured and so in lieu of immediate payoff we can modify to increase our return, (2) we do get some discount when we purchase a note, and (3) we can modify a note to get the borrower what’s most beneficial to him and what’s most beneficial to us (ROI).If interest rate rise significantly and the economy slows down, then notes become riskier, more are available for sale, and hence price should go down.

I live in the bay area so I saw appreciation rise fast.

Re-configured stair to a legal rise run.All new HVAC, plumbing and electrical systems were installed.

Buy rising blue collar to white collar SFR, and rent them out. 

Especially attorneys that represent cities and counties, they'll know the temperature of the markets, how many foreclosures are happening, where they are happening, where people are moving to, businesses coming in the area, etc..

With it being blue collar and only 2,000 people scares me because it goes against my factors for choosing a market which are job growth, population growth, job diversification, business friendly, landlord friendly, familiarity, rising market.

Rising mortgage interest rates, low inventory (1.9 months), and affordability challenges (median home price vs. median income) has home sales down 5.4% year-over-year in the City of Austin.

Personally, I would lock in a 30 yr fixed, since interest rates are going to rise. 

We are in a rising interest rate environment, so Id be looking to buy sooner rather than later.

How do you feel the recent rise in interest rates will effect the investment outlook in our city?