100% agree about the interest rate! It's the cost of doing business, and is always going to be there if you're financing. If anything, higher interest rates may actually help investors compared to home buyers as higher interest rates reduce competition. The far greater issue I'm seeing, at least regarding affordability, is the huge rates of appreciation YoY. That's what is causing the affordability issue in my area (we're in a severe seller market). The interest rates aren't the issue. People have such a recency bias and are jaded by the 2-3% interest rates from COVID, but I seriously doubt rates will ever go that low again. With investors specifically, I've been doing a lot more DSCR deals that qualify off property, not as much on individual buyer profile.