It’s a great city and still appealing for people moving in, but there’s a big oversupply right now in terms of housing (rents dropped by 8% last year).

When rates drop, everyone will jump back in.

Additionally, the management companies would take around 10% of the rent for their services.Given this, I’m exploring whether it would be a smart move to refinance when interest rates drop, and possibly form an LLC to transfer the property into.

If mortgage rates drop, you can refinance and improve performance.

FHA loans taken out after 2013 with only 5% down cannot drop MIP for the life of the loan.

We're lucky enough to have low rates and so we've got a buffer to drop prices. 

Great neighborhood, great school district, big house, rehab done very nicely (may be biased) working with a very reputable well known agent and it’s been sitting on market now for 40 days even with a price drop.

Dynamic prices drop the price last minute so if you are looking further out it will be even more.

I am not sure what your rate is but rates have dropped some since May or this year. 

Mortgage rates dropped in August but jumped a little in October.