I think @Crystal Smith said it best.

@Crystal H.

If your lease allows, collect rent from the tenant for the next 30 days only if you are unable to more quickly palace a tenant at current or better rent.This will incent the tenant to get the place into great shape and allow showings in the meantime.

Nobody has a crystal ball to predict the future but, generally, rates will likely go down, property will appreciate and rent's will increase.Getting experience as a landlord is valuable too...

@Crystal Hawk - You have a couple different options.

I don't like to tell people to plan on a refinance because I don't have a crystal ball, but you have 2 possible outcomes.

None of us have that crystal ball unfortunately, but interest rates alone aren't the only way to determine the future of the real estate market. 

Sellers are still wanting "too much" as they typically think their deals should still be trading in the 4-5% cap rate range.While I won't pretend to have a crystal ball, I generally think: a) if you want to get a deal today, you are going to need to be more aggressive then you probably are comfortable with in your assumptions.  

Fast forward to today, and they've fine-tuned this tool so well that it's like having a crystal ball for home values, nailing down prices with jaw-dropping accuracy.But the real game-changer is something they're calling a "housing super app."

You're in a position like most now trying to "crystal ball" what interest rates will be like in the future.