Raising the rent to market rate is not discrimination.

You'll find that interest rates will vary from bank to bank. 

However, rates have since moved upward.A 30-year fixed rate mortgage is once again sitting around 7% interest:The real estate industry hoped 2024 would see a recovery in which mortgage rates fell and home sales climbed.

Meanwhile, a regular 1031 can be less complicated to manage if your main focus is simply deferring gains.Considering how property values and financing rates have shifted these past months.. do you think an OZF might be a better strategic move than a 1031 in your situation?

My question is should I just suck it up until April, or should I drop my rent rates now to get renters.

However, since market shift / rate increase even these guys have slowed down quite a bit.Regarding regulation, I think eventually Indy will have to regulate against Short Term Rentals.

Is it to lower rate?

The higher interest rates make it that much harder. 

Alternatively you can do the LOC (line of credit) on it so you can retain the home but are definitely subject to today's current rate environment.

There are a lot of options out there, but the rates are excruciating right now for new flippers.