More importantly, get the high interest rate debt paid off first.

Rates may drop, but they also may not.

Economic Timing.According to data compiled by Marcus & Millichap[2], the Portland area has experienced three very important trends since 2010:The average price per unit for apartments has nearly doubledThe rate of employment growth rose from 2010 to 2015 but has since declined steadily, projected to be up 1% for 2020 (estimated before COVID-19)Roughly 30,000 apartments have been built since 2010, with another 5,600 units slated for construction in 2020Most RHA members have enjoyed a solid decade of price growth, rent growth and steady occupancy.

They have a formula that works and provides them the rate of return that makes it worth it so, don't feel like you'll just negotiate them out of their shoes like you're Trump. 

Quote from @Armando Carrera: What ever happened to dropping interest rates?

Interest rates are high relative to house prices, this won’t last forever.  

Look at rent growth trends, vacancy rates, and the area’s economic drivers.

Just note that Kansas City has a higher population growth rate than St.

You simply get a discount on this purchase, equal to your tax rate.

But, here’s a situation in which having my properties in SEPARATE series of an LLC saved me enormous time, aggravation and money.in 2012 I purchased 5 individual high rise condos in different buildings in Phoenix, AZ.