In addition, decreasing cap rates and increases in apartment values has created a surge of new operators to the space, so be careful to ask about experience when you schedule your first call with these groups.As you spend more time researching multifamily investments, you’ll find several other great benefits of investing in this space.

In regards to interest rates going up, housing prices slowly going down, and tourism slowly decreasing, what are some good “Plan B” tips that you would provide for a first time investor.

Dumb shinny things usually decrease in value over time.

For what it's worth, I am a depository mortgage banker and have seen a significant decrease in appetite from my firm for portfolio lending due to the risks of bank runs and additional scrutiny that has taken place since Silicon Valley and Signature failed. 

Is the increased fee a decrease in your expenses, may be worth it or not.

It will cause your cash low to decrease, less money in capital improvements etc etc. 

But I think in my position a mentor/coach will help to decrease that learning curve.

Highs start around 99°F and decrease to 88°F by the month's end, while lows range from 76°F to 65°F.

The lower the Class, the higher the rate should be.Also, you may want to use 0% rent increases to be safe as more & more markets are actually starting to see rents decrease.

(Or fund more down payment as decreasing the portion you finance right now can help as rates are in the 6% and even 7% range.)If you're not buying in Colorado Springs or elsewhere, do you like the idea of having a rental?