I work for an automotive shop and get paid flat rate so my pay fluctuates.

Back in 2015/2016 you could find a 8% cap rate then in 2017/2018 it was a 7% and 2019/2020 it was 6% and the only reason it has been steady is because rents have seen increases along with pricesSo I tell my clients they have a few options:Buy now on cap rate and refi when rates go down. 

For example, you might see large drops in car insurance when you go from $250 to $1,000, and then the effect on the premium isn't as significant as you go higher.

The market was still pretty hot, I went under contract on this right at the beginning of the rate hikes and at the time many houses were still selling for over asking with shortened contingencies.

The ARV for the property or the rental rates once done if you plan to keep the property.

I'm wondering how people go about leasing their section 8 properties when max rent allowance for a zip code is significantly higher than market-rate (non-subsidized).

If I go to rent it out at some point that's a negative cash flow of nearly $1400 assuming rents and rates stay the same.

I could get all my money back out (except closing costs) if I did a 80%LTV, however that would be at a 9% interest rate unless I decide to buy down the rate.

Pre-Housing Crises (pre-2008) interest rates for investment properties were 6.5%-7%.

Now, if you had not bought the note at a discount or the asset had dropped below what the note was worth and somebody was making timely payments would you call the loan due even though you had the right?