Thanks for the feedback and advice!

Indy Class C #2 sell it and cut my losses or try to rent out at -$200 to -$250 cash flow (got an honest property manager feedback) and hope it stabilizes in 2 to 3 years.

Drafted a plan, gathered estimates, created a budget, put together DTI sheets, even got an "as-built" appraisal, and also have it in a permit status at the Local Building and safety office.Then I started to look into the construction loan and the permanent financing....to do it myself, and not through a builder.I soon realized that there are sooo many companies out there that want to try to help...but cant  (some of them were even on this network of people):  don't have builds on record, won't allow for owner-built homes, my credit is less than 680, while carrying the construction loan, there may be a point at the end where because i have my rental house while building that it become hard to pay, and  I can't pull out a private loan to help start process because my credit cards balances are horrible...and my "business" has no show of income.So, now we are here in the present time....   

I've even asked about neighborhoods before and people are willing to provide feedback.Realtors: If you have a decent investor friendly Realtor, they will tell you honest feedback on an area because they know it is a long term relationship.Property Managers: Same reason as the above.

Make super aggressive offers with a low success rate but focus on volume and gathering key data about seller motivation to better increase chances of success. 5.

They have the data and can tell you the spread between 1s and 2s, and also tenant turnover.We've actually seen more demand for 1s as the market softens, because the rent is less, and some are downsizing to save on rentGino Great feedback, I like the idea of asking my property manager.

Thanks for any feedback.

While the leverage may be lower, banks typically offer fixed-rate options instead of adjustable rates.Remember, each property tour is an opportunity to gather valuable insights and make informed decisions.

As I said earlier, I am just looking for your thoughts and feedback about what you see as a viable next step.

Thank you for the feedback, I will definitely place an appeal but I will also begin to look elsewhere.