It's like posting dynamic collateral that doesn't actually reduce the loan balance, not exactly a great deal.When the fed raises rates, they are directly targeting actors like this.

I completely understand your point about pricing adjustments driving faster leases, but my experience has shown that other factors play a significant role in a rental's performance over time.For example, I own three rentals with very different dynamics:1. 

I quickly identified the tasks in my day-to-day that could be automated and learned how to do so, I think nowadays you don't even need to code to do that, but being in real estate means being highly adaptive to a dynamic environment, so having the knowledge of automating your business is very useful..

I expect that based on a typical market dynamic, the biggest effect happens right after the news .. then there's a period of "re-correction" and then it acts like it's supposed to from then on out.  

. :)Many times, the pipes will be updated visually, but galvanized behind the walls. 

There seem to be two different dynamics that are being conflated as @Russell Brazil pointed out regarding volatility and appreciation.

Hey Mike, good discussion and good that you have some clear expectations going in.As others have mentioned, since you'll be living there, it can be better to start with a subset of cities that you'll genuinely enjoy living in, then work backwards into data and metrics from there.For the cities you mentioned, here's a visualization of current rent-to-price ratios.

Over in Austin, I’ve seen people lean on new, dynamic investment advisors who understand the rental surge happening there right now.

@Ben ClingerHi Ben, I just noticed your post.Toledo just clarified their inspection criteria for section 8 houses and decided they wanted their cake and to eat it too...we don't have to have an interior inspection (since LMHA inspects that during their inspection), but we DO have to pay for a Lead Inspector contractor to visually inspect the exterior of the house and of course we DO have to pay the $45 fee (which is of course what this is all about).LMHA of course inspects the outside of houses along with the inside so the whole lead inspection is redundant.

They know locations and trends and they understand the dynamics of fundamental investing.