It's counter intuitive however, we find this approach to be highly effective. 

Because rates are high, sellers are getting flexible and makes more sense 

The likelihood of the bank calling the loan isn't super high, however that is completely dependent upon what bank holds the loan.

These high rates make it tougher for deals to make sense so that is why it has to be a good deal or value ADD. 

More affordable homes, rents are still high, and our rental market is super robust.

Or do you just take the risk assuming that high rent means tenants are replaceable?

The prices of homes in the Mt Orab area are selling at a high price in my opinion.

Prices are too high. 

Based on the property history, and the area, if that has a strong potential of happening, then I'm interested.The property must also CF high enough to recover my cost (DP) within that same time period. 

It fits within our buy right criteriaWe own 12 units right next door.Newer vintageThe three beds are in high demand, and we are blowing away the 1% ruleThere is very little cap exWe focus on PPU (profit per unit), and this is going to profit nicely and add to our scale in that part of the marketExit strategy is to refinance our capital out when rates drop, and to hold long term.You have to be willing to take what the defense gives you, and you have to understand all of the investing strategies and know when to use them2021 and 2022, we only did about 200 units, smaller deals, but very profitable and we’ve refinanced all of our capital.2023 was an excellent year. 128 units, 105 units, and 97 units.If you aren’t doing deals, you can always be improving operations, meeting more potential investors, and creating more relationships.Life is like real estate.