Is this what’s causing negative cash flow across the country?

[Mike Schorah]

In my area, rental rates have caught up to market home values. But vacancy rates doubled which wipes out your profit to the point of negative cash flow territory if you have a newer mortgage with a higher rate.

The number of inquiries have gone up exponentially but the number of qualified renters have gone down exponentially. But I’ve dealt with this for a couple of years so I don’t get burned out from it anymore.

Is a high vacancy rate what’s causing negative cash flow across the country?

[Joe Villeneuve]

Actually, the combination of all that you mentioned contributes to it.  There's an axiom in Engineering that says one problem doesn't cause a failure, but combine a series of problems, and failure almost becomes inevitable.