tenant pays an application fee and you can pro-rate pet rent based on their "FIDO" score.P.S.S I'm not affiliated with them at all, I am just a PM who uses their service and had good experience with them.https://www.petscreening.com/

Besides my current rent, I still have to pay an additional $1~2000 for the mortgage, etc.Pros:Better financing rates than for investment propertiescan manage it myself to save the PM feehaving my own place without worrying about rent increasesCons:May only afford a small townhome or apartment, not sure if I still want to live there after 5 yearOption 2: Investing in Out-of-State Multifamily PropertiesI could use my cash to invest in several multifamily properties out of state and use the cash flow to cover my rent.Pros:Potential to spread risk across multiple propertiesThe cashflow can cover my rent, maybe have extra leftCons:Additional costs for property managementLimited potential for appreciationHave no experience in managing OOS property, and I am afraid it will be annoyingI’d love to hear your thoughts or any advice you might have.

Even without any interest rate cuts. 

We have one right now we are in where the borrowers loan has matured and they as part of the restructuring want to convert the loan to a 30 year fixed loan at 1/2 the interest rate of the current loan.

@Natasha Rooney rates will also be different depending on if you have Credit or not.

The rate of recidivism (likelihood of repeating a crime) is significantly high with sex offenders.

If you want this to be your business, having access to the most capital at the cheapest rate is a necessity.

Factors you should be looking for are: Job growth, population growth, low unemployment rates, increasing demand for housing, housing price history, and rent cost history.

It may be less expensive going this route than paying a high rate, high fee hard money lender that could possibly do it. 

e.g. is it possible for someone to lend $100k on a deal in exchange for, say 6% interest rate plus 10% share of profits?