I suppose you could say the benefit is realized if rate comes down but nobody expects that near term and the early few years are going to be highest to a borrower who is motivated to pay off his mortgage, either AIO or fixed.If a borrower got a fixed and threw his money to principal every month (aside from emergency fund), even if he made that payment inefficiently (last day of month), it still is better than being super cash efficient at a higher rate.

Writing down my debts and seeing them become smaller over time still doesn’t compare to the feeling of being able to watch my real estate portfolio grow while I’m paying off my loans – it's an incredibly motivating process.

I've only dealt with residential at this point but am looking into self storage and on my search for commercial I stumbled upon a car dealership property where the owner is moving out of state and motivated to sell the property.

Until we see 6 month of inventory, 25+% of listings expire without a sale and the average sale taking 150 days or more you don't have the ingredients for a market crash defined as more than a 5% correction.Will we see corrections like in Austin, where an exuberance of appreciation sorts itself out?

Read books and listen to podcasts to supplement your knowledge and to use for better questions, more detailed, and then when you pair that with meetups and your motivation, you are on a great trajectory.

Going into a 50 unit plus deal without any sort of experience is like telling yourself you can go to the Olympic games for wrestling after three training sessions.

My question is, how do I reach owners who may be motivated sellers?

USPS contract workers building a robot to sort mail, Travel Nurses, Professionals relocating, A medical group rotating out their new surgical Dr. residents for training in jax  :) A husband of 33 years that got pushed out by his wife - hoping to go back.. but he is still renting from us ...yikes - no judgment! 

Quote from @Jonathan Greene: Quote from @Jay Hinrichs: Eh  what about the gentlemen from Evergreen Colorado who just hammers on poor Pace Morby calling him all sorts of things.. etc.. for me I am surprised Pace has not sued him.

Even if their license is expired, the commission may be able to reach them and motivate them to send funds to you and communicate long enough to get control of your property back.Start looking for a new property manager.