Since your current cash flow is $20,000 (split between two partners), that’s a 10% reduction.

With those two combined that is going to help me have a lower monthly mortgage payment.have you thought about negotiating a price reduction and negotiating seller concessions that you can use for buying a lower interest rate and/or closing costs?

$X principal reduction gets you X extra months.  

Make sure to factor in possible rate hikes when calculating your future expenses.Regarding your offer and projected numbersOffer Price Offering $525K on a property listed at $619K is a significant reduction.

I recently joined BP, and I’m reviewing older questions:FHA Streamline Refinancing is an excellent option for lowering your monthly payments, especially with the potential rate reduction you're seeing.

I don't know if MTR is the right option here, but it would be worth looking into for your client's sake.I don't think waiting until spring makes sense for your client, I would look at the carrying costs and do a price reduction..  

Account for it and ask for either some type of seller credit or price reduction to make more sense of the deal (Before or while you're in your inspection period). 

A FED reduction of 0.50bps does NOT mean rates will drop 0.50%. 

You'll need a reliable network of local professionals (plumbers, electricians, handymen) you can trust.Hiring a Property Manager:Peace of Mind: They handle day-to-day operations, tenant communications, and legal compliance.Local Expertise: They understand the local market trends and rental laws in Colorado Springs.Cost: While there’s a fee, many find it worth the reduction in stress and time commitment.Lessons Learned from ExperienceBuild a Strong Local Team: Even if you manage the property yourself, having a dependable local handyman and a real estate attorney can save you headaches.Leverage Technology: Utilize property management software for rent collection, maintenance requests, and tenant screening.

Selling could free up equity for rental properties or debt reduction.