[johncessna]

Taxes, utilities, heating costs, construction costs, insurance cost, the cost of a new property (build or buy) are all going up. The title on this article could have easily been '$insertAnythingHere going up faster than wages'

I can speak to the 'mom and pop' landlords. The best you can hope for is that your properties are paid for. If they're leveraged, it's a razor thin margin where are one roof replacement, furnace replacement, or state/local government deciding failure to pay isn't grounds for eviction away from losing money.

[bombcar]

The average "mom and pop" landlord (who owns a house or two) is almost always subsidizing their tenants if you honestly do the math. The only thing that has keep it worthwhile at the rental rates we've seen for years has been the appreciation they're booking and the low interest rates.

If you do an actual cap-ex spreadsheet for a property and compare it to what it's renting for, it's almost never worth it.