I was hasty due to the higher mortgage rates, and it turned out to be a huge mistake.

Quote from @Tyler Kesling: Thanks for the insight @Randall Alan on how current owners and markets might react to the ease on rates.

Run the calculations on the expense of doing a refi at a slightly reduced rate vs. keeping the current loan for whatever period of time you think you will hold this house.

Laundromats are open to the public, and if the local neighborhood has a high crime rate and transient population, those can be potentially expensive problems that can affect your business.

Adjustable rate mortgage, 10% down.

I would search for a property that has a low interest rate Fha or VA loan.

I’m thinking with a 2.25% rate, that’s a good mortgage to hang on to if it performs well as a rental.

HELOCs are usually variable rate and there may be yearly fees associated with maintaining the HELOC.

But I did not like what I saw, anything under what Costar would rate 4 stars did not appeal to me. 

I’d rate this as a 3 out of 10 in terms of the best time to sell—it’s not the worst, but it’s not ideal either.Hope this helps!