I agree but I am not a fence sitter - I will continue to flip properties that make sense and acquire cash flowing rentals while other people sit on the fence and further decrease demand. 

You may be able to decrease the 1M on each house if you have a personal liability policy of 1M.

Keep in mind that as you decrease the interest rate, your payment will be lower, which will boost your DSCR.  

See the chart below:The cities on the right-half of the graph did not have as many proportional units under construction, and so they saw an increase in rent and a decrease in vacancy (Miami is the exception – which saw solid proportional supply growth and rent growth).You’ll notice the markets on the left-half (starting with Dallas) are all markets that had a larger proportion of units either delivered or currently under construction (see the bubble graph above).

Once they start paying for their own utilities- they magically start to decrease their use!

If the CO market is doing well for sure investors doing well too, if not, your equity may be decreasing as well. 

I think over the long term sure it balances out.For example - 2023-2024 - my area saw a NET decrease in rental rates.

We've noticed a significant decrease in the number of initial inquiries and calls, and fewer potential tenants are surprised during in-person viewings.

It’s a difficult decision for you to make, but unless you can increase revenue to absorb the increase in rent, you have to decide if the decreased net income is worth the trouble. 

When we shifted from weekly updates to this twice-a-week approach, we saw our average days on market decrease significantly.