I don't know if MTR is the right option here, but it would be worth looking into for your client's sake.I don't think waiting until spring makes sense for your client, I would look at the carrying costs and do a price reduction..  

I recently joined BP, and I’m reviewing older questions:FHA Streamline Refinancing is an excellent option for lowering your monthly payments, especially with the potential rate reduction you're seeing.

., peak season, off-season, shoulder season).Weighted Average: Calculate the weighted average for the year by multiplying the expected rent by the occupancy rate for each season.

Ok here is the thing Darnell, for private lending we weight ~40% on the property "deal" itself, and 60% on the Operator themself; if they know what there doing, can they pull it off, do they have the "chops" for it, are they contingency ready, etc etc.. 

A FED reduction of 0.50bps does NOT mean rates will drop 0.50%. 

Account for it and ask for either some type of seller credit or price reduction to make more sense of the deal (Before or while you're in your inspection period). 

You'll need a reliable network of local professionals (plumbers, electricians, handymen) you can trust.Hiring a Property Manager:Peace of Mind: They handle day-to-day operations, tenant communications, and legal compliance.Local Expertise: They understand the local market trends and rental laws in Colorado Springs.Cost: While there’s a fee, many find it worth the reduction in stress and time commitment.Lessons Learned from ExperienceBuild a Strong Local Team: Even if you manage the property yourself, having a dependable local handyman and a real estate attorney can save you headaches.Leverage Technology: Utilize property management software for rent collection, maintenance requests, and tenant screening.

Selling could free up equity for rental properties or debt reduction.

It varies from county to county on how they handle it and some give great exemptions or a flat reduction to value. 

@Jacqueline LeeIt’s real but the scales are not equal and heavily weighted to those with experience and their own moneySo if you have no experience and no money - your odds are low as why would someone lend you money?