But you're not boosting the value enough to rent them for $1200 with 15K

It's wise to take into account market research and any upgrades or additional benefits for the tenant.Determining when to raise the rent is influenced by various factors such as lease renewal dates, local market conditions, tenant satisfaction, and lease agreements.

The bad news is that many influencers make it look much easier and give some false promises to get you to buy a course. 

If you wait 6 months the market most likely has driven the price up, and if you have the asset secured and rates go down you can refinance (giving you a boost in monthly profit). 

Setting clear investment criteria, such as the types of properties you're interested in, where you want to invest, your budget, expected returns, and how much risk you're willing to take on, is key.In order to be financially prepared, it's important to save for a down payment, establish an emergency fund, work on boosting your credit score, and look into different financing options.

Not to boost myself up but I'd put a lot of effort into a kid if he approached me as I once approached others.

However there was no commercial influence near that house.

This price hike suggests a competitive market, with supply increasing relative to demand by a notable 21.4 percent, resulting in a 1.7 months' supply of homes for sale.This recent development in the Charlotte real estate scene is likely influenced by a combination of factors, including a dip in mortgage rates in December and a nationwide increase in housing supply.

Plus the advantage of leverage (modest if your a risk adverse pharmacist :) boosts and IRR dramatically.

It's essential to recognize that mortgage rates are influenced by a myriad of factors beyond the Federal Funds rate, including Treasury bonds, GDP, unemployment, housing demand, and inflation.