At 4.25%, that’s a favorable rate, especially in today’s environment where rates have risen.

I would assume this is not something someone would have a goal for as their living environment, but would have to settle for it due to their low income. 

It's awesome you are considering where you want to be and flexible with that.I'd look at your high growth markets, where there is a diversified economy, job growth, income growth, population growth, business friendly environment. 

This is what will happen.There won't be the ability to get a real mark to market if you go sell each individually and recreate a BTR environment to own occ.

The state’s favorable business environment, reliable energy grid, and central location make it attractive for data-intensive companies like Google.Additionally, Verily Life Sciences, another Alphabet subsidiary, relocating its headquarters to Dallas is another testament to the region's growing appeal for tech and life sciences companies.

I once had a client in a similar position, and we broke it down together to see what made the most sense for him;l especially considering his W2 income and the current interest rate environment.

I can not fathom how you were not informed that this was a DSCR loan and you should absolutely inquire about the specifics such as whether your are IO or not and the pre payment penalty. 8.4% is high in todays rate environment, even for DSCR.  

Within two months, they were causing disturbances, fighting with neighbors, and creating an unsafe environment for other tenants.

I do this because sellers are going to offer 3% (they are in my market), and if I signed for less, I could not get the overage.To secure my buyers in this new environment, I made a 27-minute video going through the whole agreement and pointing out the things to beware of.

You're absolutely right, creativity is essential to make deals work in this environment, and building from the ground up, especially in high-demand areas like Raleigh, can be a great solution.Your current project sounds like a smart move, particularly with the zoning for a duplex and ADUs.