Most of my clients have rates in the 4-7% range, some with interest only.

I'm in the position to apply(depending on lender DTI requirement) for conventional financing through the builder at <6% interest rate in this current market.

Insurance quotes are coming in anywhere from 3500 to 4500 per Year and interest rates are sitting @%7.1. 

Hello,I'm doing research into how the federal funds rate affects mortgage rates.

I won't comment on whether its 'worth' it or not, however one thing I've learned and will share with you since you are new, is to be careful of homes that have low rent rates because maintenance costs tend to be disproportionately big.It costs just as much to replace an HVAC for a house that rents for 2k/mo, as it does to replace an HVAC on an 800/mo house. 

Ahhh.... because it's a reasonable question for reasons that are self-evident, i.e. we want to know success rate of program.

We would then rent the back unit for market rates and keep the tenant in the 1b/1ba unit. 

So many people focus on interest rates of current vs interest rate they will pay on the next.

Higher price points present more risk from a capital allocation method but in really low-price points typically a higher crime rate.

The market here is very strong and competitive- appreciation is at a very high rate at about 5% annually.