Full disclosure here though - ARM's are preferred lending tools from lenders.  

Cap rates are very low right now because appreciation has been strong (which drives up prices without corresponding cashflow) and interest rates are down (which increases buying power per $ spent).Going forward, rents will probably climb as the inefficiencies in the market catch up, interest rates climb, and a greater percentage of the population is unable to purchase homes. 

I most likely would get the electric battery powered ones that are now available. 

Thanks @Will Fraser The Power of Real Estate Investing Good Luck in the next Investments 

I'm envisioning putting in $25k worth of materials, which would give me new floors, new bathroom, new kitchen, expanded rear deck, drywall in almost the entire house, and updating HVAC and plumbing - this doesn't include my labor of course, but I work remotely, and July through October is my slow season, so it kinda falls into the perfect "pack the dog & your tools and go up to the house for 2-3 weeks to get some work done" calendar for me. 

How can that even be true, they have no power to drag someone out, but the tenant has every right to refuse to leave and push it to eviction.

Yet another attempted power grab in the name of Covid.

airlines don't keep them.. and of course my credit card proved it but that was not enough.. even though I matched the credit card to hotel stays in the cities i do business and then matched that up to huds and all sorts of business contacts.. power points of presentations i made at reias around the country etc etc.. and other stuff like soft staging my wife buys for her listings.. 

Dan Powers - New Western Acquisitions

Number never will the only thing that has the power to fight over the markets fluctuation is your mindset and skills and luckily you have the power to refine those and morph ;)