Check the index's volatility with charts onlineFigure out what the rate will adjust to in 7 years.Decide whether you're going to have the property 7 years from nowWould a shorter term ARM suit you better or would a 30 year fixed work betterWhat's the prepayment penalty and for how longJust a few things to find outBest of luckStephanie

So I have been contemplating to sell and relocate my rentals to a less expensive and volatile state.  

When the crash comes they will say the market is too volatile and you should wait to invest.

Hi Kenneth.I like your thought process.I used to invest in securities on margin and found that the money was too expensive and too volatile to the risk of my owned securities in the market.

These loans can be from bascially anyone with money who doesn't want the volatility of the stock market or low returns of CDs.

@Pete Tam I use 5.5% to be safe because when I bought my residence I had to lock in my rate during a week of a lot of volatility.

I enjoy minimizing the volatility of my expenses so I can project out my cash flows with confidence.

Is the main disadvantage that property values are more volatile (so you would get hit harder in a crisis)?

We are assuming the loan, so are not largely affected by the volatility in the lending market (we were affected by their teleworking policy as it's taken a long time to get approved).It's an 80-unit complex with 72 units that are leasable. 

I definitely seek higher comp on rehab and hard money loans due to their volatile and labor-intensive nature.The program doesn't appear to be available in GA anyway, just adding my 2 cents.