The rates will be lower and will allow you to maximize profits.

FYI I would change the title as I read this and i thought you wanted to create an app for real estate.

Look forward to a booming economy, but there's that interest rate thing....

However, rates have since moved upward.A 30-year fixed rate mortgage is once again sitting around 7% interest:For broader context, here’s a chart for 30-year fixed mortgage rates over the past 5 years:The real estate industry hoped 2024 would see a recovery in which mortgage rates fell and home sales climbed.

Interesting I thought, that they have that high of a rating.

If they have a good interest rate it might be worth looking to see if you could assume their loan to take advantage of the lower rate.  

How much will be the interest rate, and terms of the loan. 

Tenant covenants and agrees to pay interest at the maximum lawful rate or eighteen percent (18%) interest, whichever is less, compounded annually, on all unpaid Rent, damages, and other amounts owed by Tenant, excluding late fees, from that date of Landlord’s final accounting until such time Tenant pays all such outstanding amounts.

They have always rented them at well below market rate and the repairs were made by the tenants.

This simple conversation changed my future.