Others already talked about the advantages of locking up-front ASAP in a rising rate environment. 

One important consideration though is upcoming expenses.

We're passionate about making a better, smarter STR product at Andes, and hope to be the rising tide that lifts all boats in our STR ecosystem, from purchase, to management, to exit.If you are a current or potential short-term rental owner with a story to tell (e.g., great investment, pain point, or wish list), I'd love to hear from you! 

@Russell BrazilThe one thing I will add is you may see a sudden rise in inventory which will set off alarms but reality is next several months you will see the wishful sellers list (those who will list homes which may be overpriced to see if they can get it that for their house.

Market rents are rising here! 

With interest rates low and inflation rising, now is a perfect time to put your equity to work.  

Second, rising costs increase total development costs of real estate.

After consideration, this doesn't seem to be the deal for me, so on to the next one.

Property #1: CAP: 3.42% Gross: 1.597 Net: 0.469 --need to increase rentProperty #2: CAP: 7.38% Gross: 32.545 Net 1.292 --increasing rent on new least 7/1Property #3 CAP: 12.85% Gross: 6.318 Net: 4.72Property #4 CAP: 14.94% Gross: 7.784 Net: 6.016Property #5 CAP: 12.85%  Gross: 6.318 Net: 4.72Property #6 CAP: 20.84% Gross: 9.192 Net: 7.257Property #7 CAP: 21.39% Gross: 9.844 Net: 7.858Would you consider these to be profitable or do you take other things into consideration?

Unlike stocks that may rise and fall, real estate investments knew low-risk and high reward opportunities.