@Loren Souers I'd have to run the specific scenarios with the rates and fees, but if you're OK with paying the higher closing costs, the Mortgage 1 deal looks good, particularly if you focus on CoC returns.

Also, the vacancy rate was understated.  

😳This is caused by a combination of buyers not being able to afford to buy with interest rates back up above 7%, and seller’s not wanting to budge on their sale price...a standoff.My guess is 2025 will likely be just like 2024 and 2023 if rates stay above 6%....

What is the appreciation, condition, community, class level and vacancy rates?

What cap rate is the selling asking?

And she’s the one that released the latest tax rates and year to year comparisons in September of 2024.

My clients who invest in Section 8 housing do so in 'not quite' transitioned communities but that have low crime rates.

Low vacancy rates, rising rents, and high tenant demand for more space/good school districts. 

I bet the rate of Engineers going homeless is all but 0. 

The market is in a extreme state of flux due to interest rate volatility.