Quote from @Ty Coutts: Hey Ally,Regarding your question about whether to pursue eviction or hire a collection agency, it depends on your priorities and the tenant's willingness to cooperate.

Instead of regular deals they have a lot of these rate/ term refi products on their books.

Our concern with this is that our current primary is across from the best school in our area on a cul-de-sac lot and we feel it will continue to grow at a high rate and don’t want to miss out on that. 

My rates are higher on VRBO so when I get bookings they are worth it.

There are many strategies you can use, and all depend on your budget. and every journey is different.My suggestion is to pick one strategy, learn as much as you can, and take action before considering something else.

The “effective rate in the amortization schedule starts to balance out”This is a misunderstanding of time value of money and amortization.  

This is going to depend greatly on where you are building.

With home prices being so high and interest rates being at record highs, the “self-sufficient” rule cause problems for many buyers using FHA money.With Fannie Mae, there is no such rule.

Finding a good one might be a different discussion because it depends on how you define "good".

Yes, it is a commercial property and it normally is valued off cap rates,  but by checking sale comps, you have an idea of roughly what properties are trading at, and you can work backward.