I'd give it the first two weeks in January and see if I got any bites before I dropped my price or really started worrying.

Don't get me started with costs you're not anticipating.Once you drop this unrealistic "dream", and focus on what's in front of you.

Syndicator bought at to high a cap or caps Drop like we have seen and or as we all know sort term debt etc etc.. thats what leads to wipe outs. 

On a conventional, you can request the PMI be dropped in 1-2 years (if you have enough equity) for the cost of an appraisal.    

The Fed raised rates and dropped the values of those T-Bills.

There could be a "double whammy", a recession (which we seem overdue for) then a drop in interest rates which leads to a big influx of new housing supply. 

It's crucial to evaluate how the deal performs with the new mortgage:Updated Financials After Refinancing: Market Value: $250,000 Mortgage Amount (80% LTV): $200,000 Equity: $50,000 Interest Rate: 5% (30-Year Amortization) Assuming after 12months the rate will drop from 6% to 5%Monthly Expenses: Mortgage Payment: $1,074 Property Tax: $260 (4% Adjustment from last year) Utilities: $309 (+3% Adjustment) Insurance: $104 (+4% Adjustment) Vacancy: $105 Repairs & Maintenance: $105 (now after 12 months we can assume we have repairs at 5% factor on annual rent) Total Monthly Expenses: $1,957Rent Income after 12 months assuming annual rent increase at 5% : $2,100Cash Flow: $143 per month 😊Year 2 Return on investment $2,951 Principal Paydown year 2 $20,000 Property Appreciation (assuming 8% per year) $1,720 Yearly Cash Flow (this will increase as rents rise) $50,000 Initial Equity Total Gain $74,671 with just $ $22,789 remaining in the deal. 

So the risk is lower, as long as the market doesn't drop 20% and stay that low for the next 3 years. 

And as a person who was actively FT investing then, I can say that the majority of talk was on more of a drop, W recovery, going too $0, decades of dystopian life etc etc..

So for a limited time, a very limited time, and I’m thinking probably till the end of August, the last day of August being kind of the drop date, if you will.