Ideally C class and below rents should go up and property values remain stagnant.

A few things to note, my loan program does not  charge PMI if Im below 20% and they cover most closing costs so those are intentionally low.

When I buy I try to be 15%-30% below the ARV.

Get a steel plate and some concrete anchors and you can leave as is below ground but seal access.Less cheap and permanent.

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I guess then, one must ask themselves what Cap rate THEY wish to receive, and if the market cap rate is below that number, well, maybe that market isn't right for them and they should look elsewhere.If market cap rates in a particular region are consistently low... how does anyone actually make any money in those markets?

If in fact you have found a deal and are going to be paying well below market rate, then that would have a big impact as well. 

Below are my Categories. 1.

. :)Private lending is taxed one of the two ways, crudely described below, in non-technical terms.1.

I have posted my success story below to in courage you to not only invest but to achieve early retirement. https://www.biggerpockets.com/forums/223/topics/58...