It is my understanding that the Fed does adjust rates based on expected inflation and other expectations/forecasts etc.

To adjust the terms of the loan because the market interest rates have gone down so you'd like to take advantage of that.

It was a smart move for me to do split utilities and adjust rent for the tenants.

Four bedrooms don't come available often enough to have good market rent comps, two bedrooms are too plentiful, and one bedrooms are too labor intensive/low income.

All of this, although you may not see adjustments in the grid, they play a part in the final reconciliation of value for your property.I haven't seen the appraisal so Im not saying you're right or wrong or that the appraisal is accurate, Im just saying that price per sq.ft. does not work well on single family properties.

Conventional lenders look at your debt to income ratio (DTI) which is the total debt payments you have in a year (includes principal, interest, insurance and tax for each property, plus car loans etc) and they divide that by your adjusted gross income (AGI).

Also if this is a recent map adjustment you may qualify for preferred pricing from the NFS.

I like the idea of becoming debt-free, but don't think I want to get so intensely focussed as to sell my truck (which we have 2 yrs left to pay on) or our used 5th-wheel that we just bought & haven't even taken a camping trip in yet.

You can't plan a linear path to an end game, you have to stay alert to the signals and adjust on the fly. 

Safer in the short term, WAY less management intensive than MF and there are some really good opportunities out there these days.