Many borrowers can obtain a significantly lower interest rate with a 3/1, 3/6 5/1, 5/6 or 7/1 adjustable rate mortgage.

Once that amount is adjusted you'll have a loan payment updated based off of the rate and terms of the loan. 2) In you long-term expense estimates I don't see any assumptions for property management (7-10%), repairs/maintenance (7-10%), and vacancy (5%) so I would re-run your estimates based off of new expenses.

It’s great for getting an idea of what similar properties are going for in your area.Zillow Rental Manager: Not only can you list and manage your rental property here, but it also offers rental price estimates based on local market data.AirDNA: While primarily focused on short-term rentals, AirDNA offers data that can help you set prices for medium-term rentals by providing insights into occupancy rates and revenue projections.PriceLabs: This dynamic pricing tool adjusts rental rates based on demand, seasonality, and local events.

Both of these items should have been locked down, market study analyzed, pricing strategy adjusted.  

As @Bill Brandt mentions it's probably a bad idea to permit Great Danes in a 500 foot walkup apartment, so adjust as appropriate.

And, mindsets were adjusted.

Adjust your message or target different neighborhoods if necessary.

The SFR + ADU is worth less than a Duplex because the ADU is viewed as an amenity rather than an additional unit so your appraisal will look for other SFRs with ADUs and provide line item adjustments for homes with and without ADUs much like having or not having a pool or a garage.

I'm a big advocate of that market and still believe it offers the best risk-adjusted returns today.Lots of folks are still writing off Detroit but more and more are waking up to the opportunity there.

All you have to do now is to adjust your mindset.