Interest rates have been historically low for over 10 years.

I invest in Fresno, CA which historically speaking has not been the hot rental markets such as Bay Area and LA and thus I suspect any rent control version adopted by Fresno would be different and I am just not sure how to plan for it. 

A weaker location, would have to do some re-calculations.If you have used historical data on a project you are running the numbers on, you might re-do the figures and challenge them."

House Hack an expensive entry to market yet historically appreciating asset or OOS cash flowing SFRs?

You definitely don't want to over-leverage, but this is a historically great time to borrow money on cash-flowing assets, and leverage is the special sauce that can transform real estate from merely cash flowing to multiplying your wealth.  

At one point they even discussed how aggressive that they have been and that they will continue until they see inflation under control or until something within the system breaks and forces them to pivot.I believe the new bank failures are just that, historic record breaking rate hikes have caused new problems within the system and these bank issues are a prime example of that.Now the question is will the Fed try to band aid those new issues so it can continue the larger fight of battling inflation?

Historically, the market bounces back, but clinging to that “trust” is challenging during the downward trend.Multifamily Real Estate InvestmentsRecessions are sometimes good for commercial multifamily real estate investments, especially for workforce housing.In good times, incomes and savings rates are higher, which means more people tend to move up to class A (luxury) apartments.When faced with layoffs or pay cuts, homeowners may sell, and renters of class A apartments may downgrade to more affordable apartments (class B or C).Hence, during a recession, demand for apartments actually tends to go up, thereby decreasing the risk.

This made sense historically, but as the residential real estate industry has evolved would six months of inventory really feel balanced or a neutral market?

Unfortunately, 25% down will limit the return then2) 1.04% annual appreciation 3) 1.02% rental rate increase4) 1.02% expense increase (property tax, maintenance, insurance, vacancy)In one bay area city I am looking at, these are the numbers I am seeing:Property cost:  $1.1MDown:  25% = $275K + $16K closing = $292K investment30 year fixed rate @ 4.5% per month costs :  $3K interest, $1K principle,  $1.8K other (insurance ($500/yr), HOA($250/month), maintenance ($1000/yr), vacancy ($2400/yr) = $6k per month in costsrent:  ~$4.8KBased on the above numbers and expected appreciation/rental increase/cost increase, after 10  years, this is the return if you sell the place, pay off the loan: Total Return 584840.5236 % Return 2.008036133 Annualized Return 7.2203332% After 15 year: Total Return 1041521.509 % Return 3.576039515 Annualized Return 8.8663061% After 30 years: Yearly Appreciation 1.04138 Total Return 3326151.581 % Return 11.42026294 Annualized Return 8.4565711% As you can see, unless you can get more than $4800 rent today, or leverage up, or get a better price, real estate is not returning any more than the historical average of the S&P 500.  

Historically S&P 500 has returned close to 10% over its life.