Even then, they're mostly rehab properties and the window to get something stabilized is shrinking of maybe closed. 

The rate of return will shrink after calculating all the expenses of renting and if taxes go up. $1M could buy you several other singles, multi's, or a larger apartment building in the midwest.  

As interest rates rise, the buyer pool shrinks which holds prices or drives them down . . . moving to a buyer market which will impact what people can get for flips.We have seen a slow down on properties selling but people are still paying top dollars for flip homes. 

Just wrap it up with tape or use shrink tubing.....

The Fed is actively shrinking its balance sheet by selling assets, which reduces the money supply. 

I will say, when you get thru the numbers (and it can be hard projecting sales) and after 20% down with mortgage note/HOA/prop mgmt fees, the profit margins shrinks to very little. makes me consider a LTR rental close to me in Atlanta, where rental profits are smaller but i could self manage and not lose another $10-12k.

@Adam GalalFor residential check with your attorney - but reality is no one will rent the property or you will shrink your applicant pool down to almost zero.

This should shrink your cost.

Once you have that piece together, shrink wrap it into an Elevator Pitch.

There's a well-known phenomenon in larger balloon-framed buildings in extreme climates where the joists dry out and shrink closer to the external walls and retain more moisture and hold to their original dimensions better in the middle of the building.