As far as your next property, if you are already considering moving you will get better loan options + interest rates if you decide to live in the next property and rent out your current house. 

This year is slower than normal because mortgage rates and home prices are so high.

So this is creating more competition and more agreesive rent rates and/or concessions like 1 month free to get those vacancies filled.

The effort to foreclose, the limits on rates, etc.Maybe a unicorn to find HML that will loan him the necessary money, but I doubt he will find it.  

Floating rate loans may help cash flow early in deal, but put a lot of risk into deals. 

The deal is structured with partial seller financing ($766k) below market rates (varied on each unit).

Note if you go over 4 units, your valuation will be based on NOI and comp rate.  

I looked at their booking calendar one time and thought it was pretty empty.I guess you don't know until you try...and probably depends on if you want high occupancy or high rate?

@Stephen Fleming your cashflow probably won't be what you think it will be:(Have you factored in the new property taxes at homestead millage rates?

Possibly lower returns than projected because of statutorily mandated interest rates following court judgements.