That is not agent driven.Agents will "over value" to get the listing (I call it being deceitful, but I digress), then they reduce the asking price to try to get the sale.

We put both houses in the MLS and have had to reduce the price by more than 14% and still no offers. 

It reduces risk and produces better and longer lasting results.

I don't know of any mortgage where you can reduce your principle down by that much over 2 years!

Hence they already tell to reduce the rate possibly in September.

This integrated approach helps mitigate risks and reduces the complexities of managing multiple service providers.As you consider investing in Memphis, you should evaluate the local market to identify neighborhoods with strong rental demand and growth potential.

Rate will be on the high end, but it can be done with a reduced PPP.

The point of house hacking is to reduce your monthly expenses, so it's not realistic to expect to make a profit living in your primary residence.

If you already have a preliminary site layout showing the size and quantity of buildings you can put on the lot, you should be able to take that work on some budget construction costs and from there work your possible rents into the equation to see if what you have drawn makes sense cost wise, or if there is a more efficient way to lay the site out and reduce costs. 

One of the benefits of new builds is that they tend to attract tenants who are looking for a fresh start and a place to settle down, which can help reduce the kind of headaches you’re dealing with now.If you’re ever considering expanding your portfolio or want to explore other opportunities in Indy, feel free to reach out.