(I'm worried that my sisters lower credit score will negatively impact interest rates)Purchase the house outright for $160K , pay off the note, wait 6 months seasoning period and take a HELOC out for AUD.

Many properties are unrented, even at heavily discounted rates.  

Or are things like cap rate, cash on cash return and cash flow more important than the amount of rent you receive?

Rental rates are holding strong, which is promising for investors.

I see a slow slog downward until we hit the balance point mostly because the rates will remain elevated 6%+ for another year at least.

I have thought about doing a HELOC but I feel like I am just creating another payment at a higher interest rate.

What is the going rate for a 3 bedroom detached?

Everything was going fine until he realized he couldn't refinance in this current interest rate environment.

I would wait till rates eventually go down and there are real opportunities in real estate and take advantage of it then

What is your prediction on rental rates and multifamily property values in your market over the next year?