Are their trails nearby? 

We calculate it by dividing the trailing 12-month net operating income (T12 NOI) by the purchase price.

Quote from @Collin Hays: We are seeing asking prices at approximately 10-12X the trailing twelve months rents (only rents). 

You can add Oracle Corp. founder Larry Ellison, who trails only Musk on rankings of the world's richest people, to that list.Sensei Ag Holdings Inc., more widely known as Sensei Farms, on Sept. 10 purchased a 25-acre site at 1205 Reed Drive in Lockhart that previously served as the 283,000-square-foot former site of Iron Ox Inc., according to newly released Caldwell County property records.

I'm sure Robert will see this message; once you pay in full, I will delete this post as well as all of my other posts on the internet stating my firsthand experience, which I have a long trail of written communication.

I love this strategy, its not flashy, it takes time but its a great way to build a trail of rentals and build a lot of equity along the way.  

By house hacking, you mitigate your risk significantly, lower your costs and can leave a trail of performing properties behind you. 

I'm sure Robert will see this message; once you pay in full, I will delete this post as well as all of my other posts on the internet stating my firsthand experience, which I have a long trail of written communication.

Generally mortgage rates trail or ANTICIPATE the interest rate changes as they reflect the other forces that indicate the REASONS they did a reduction in the first place.

@Dennis O'Loughlin Zelle works for some, but it has blind spots most landlords don’t think about: there’s no paper trail designed for rentals, no way to automate reminders, and zero dispute protection.