Rate or Cost?

Also there are weather issues with Indiana winters and pipes possibly freezing, thunderstorms and hail damage2) Knowing how long to hold onto a property, 1031 exchange it to another property or DST, or in some cases sell it and pay the small capital gains tax (if any) to have less headache. 3) Underwriting the deal incorrectly (factors: local appreciation, rate of rental increase, economic growth, gentrification of area) and being overly optimistic (a renovated 100 year old home is still going to have problems).

A+ rated schools.

In which markets have you noticed particularly strong performance recently in terms of rental demand and occupancy rates?

At today's rates I'm not sure it would cashflow by the time you add taxes, insurance, r&m reserves, etc.The average rate today on a 30-Year fixed is 7.38%. 

I know that 3% rate is great but look at the bigger picture.

Our lake house for example, AirDNA had us 4x over what the rate should have been.

The concepts of lending for these private transactions are clearly understandable seeing that the current interest rates being paid are not even worth the time.

I don't recommend doing that, however if you just got the loan, chances are the interest rate is in the 7s, so they probably aren't going to be trying to call it in anytime soon!

- Do you guys think interest rates will play a huge factor in the upcoming housing market?