Or Do i just have to suck it up for the time being, float the loan and in 5 years get a big pay day? 

What's going to be more effort - doing a bunch of floating and patching on an old surface, or starting from scratch with modern building materials?

And if you want to sell and the floor is not the "in thing" you can float something trendy on top.

I personally am using Fidelity Advisor Floating Rate Hi Income fund (FFRIX). 

These gift campaigns are huge for referral business.I've previously used mailbox power/banner season to automate anniversary, birthday and holiday gifts.I've also looked into snappy and goody which have some nice things that fit any budget.Hope this helps!

I think what's happening is lots of floating rate debt and bridge loans were taken out on deals in TX and the Southeast.  

The price decreases are due to both the decreased returns to investors possible at a given price point as the cost of debt financing increases, as well as some dumping of assets due to redemptions (looking at you, Blackstone) and the inability to refinance properties that had been purchased in 2018-2021 with high leverage floating rate debt. 

Vi,I would tell you to also consider doing a cash out refinance to take out enough cash to float your mortgage for 3-5 years while you build up cash reserves.

Conventional investment rates generally float .5% - .75% above primary residence rates.

An interest rate cap is essentially an insurance policy on a floating interest rate loan.This caps/limits the maximum interest expense exposure for a borrower using a floating-rate loan.Lenders also benefit as they can require an interest rate cap at a rate threshold that helps ensure the borrower can service interest payments comfortably, limiting the risk of non-payment in a rising interest rate environment.Floating interest rate debt has 2 components:✔️ Benchmark Index✔️ SpreadBenchmark Index + Spread = Total Interest RateThe interest rate cap will set a maximum threshold for the index used.Let me know what questions you have about interest rate caps below!