There is also a confidence factor as many investors are swarming to notes as real estate prices rise and they have minimal education and thus lack confidence.

My opinion is that values will slow down for a couple years and rents will start to rise.

20% QBI deduction and expensing mileage and cell phone is available if your activities rise to the level of a 'trade or business', which requires continuous, regular, and substantial effort. 

Does anyone think that the rising interest rates we saw last year are a significant culprit?

The value of the home rises to $129,000 (about 3.2% increase.)Year 5.

Also, due to rising rates, I'd be paying all this money to refi and then also have a slightly higher monthly payment :(  For me, it comes back to the question - why pay interest on money I don't need to borrow? 

Google says the average high temperature in the summer is 104-106, which surprised me.

I see many pockets are starting to rise and have been for a while, now will we see the ripple effect happening.Here is some good news for Detroithttps://www.wxyz.com/news/detroit-planning-multi-m...https://www.nationalgeographic.com/taking-back-det...https://www.nationalgeographic.com/taking-back-det...

Rents continue to rise as well..  

And good timing...the weather is about to break in the Midwest...so the temperatures will feel like home (maybe....)Best of luck in your search.