Rate caps are around 5-6 for 4-plexes in decent areas. 

Rates will be in the low 7s. 

The funds will come out of my retirement account.

It sold FHA so it is an owner occupant as well, not an investor, in 17 days on market.While were on the subject, does being near railroad tracks affect rent rates?

The Austin metro is sitting at super low unemployment rates 3.7% even as the metro is growing daily as the employment force expands rapidly.

With conventional mortgage rates hovering around 7% for 30 years… cash flow basically happens at 6.5% cap rate and above.

Alongside acquiring rentals, I'm interested in establishing a service-based business within the real estate niche, potentially offering maintenance or renovation services.To make the most informed decision, I'd appreciate any insights from experienced Indiana investors on:Top Indiana Cities for Long-Term Rentals: What cities offer a strong rental market with factors like stable vacancy rates, positive cash flow potential, and opportunities for property appreciation?

The average consumer is some what aware of these layoff trends, inflation, higher interest rates, and higher home prices.

Pete that is currently rented out to long term tenants paying below market rental rates.

When interest rates go up next week, it will be harder still.