My plan to leverage on lower mortgage rates.Please share your thoughts.

I would plan charge a lower rent to the tenants in my unit until I move out after the 1st year.Thanks in advance BP members!

Home price increases are sharpest in these markets, while dwindling housing inventory in the lower price classes could be discouraging people from buying.”Here are the basic stats on single-family home sales for February 2018 for the City of Austin and the greater Austin area:About the local economy, Mark Sprague, state director of information capital for Independence Title, said, "While wages and jobs in the Austin area haven’t increased, the local economy remains strong and continues to attract new residents and potential homebuyers.

And, does this option fee lower the purchase price?  

They will likely keep renting the lower cost homes and multi-units.

Your Taxable Value on this property is $ 71,500.So here how it breaks down for your taxes in Rock Hill SC:$71,500 x 6% = $4290 (6% is non-owner occupied taxable rate)$4290 x  .4108 = $1762.33 per year  (.4108 is the current 2017 millage rate)So your taxes are going to be $146.86 per month.Here is a copy of current millage rates per county in my area.After looking at your numbers I would think your rehab budget is low.I have a lot of property in Rock Hill and you need to make sure you get a home inspection. 

get tenants in at market rents or slightly below, build a track record, trailing 12 then refi at a lower interest rate with a regular bank loan.Make sure you cash flow with the terms/interest rate with a hard money lender.

I have found their prices to be competitive with REIGuard if not lower.

Being in our lower 20’s we still both live at home but are getting married in September.

The lowest quotes I got start at $275sf so yours is much lower.