The agent initially shared a strategy to price low and let the demand drive the price alternatively they also suggested that they can market to their select clientele and sell it off market.

I understand there are risks to this too, but putting an offer, with the caveat of based upon complete financial review, might be more enticing for owners on the fence.

So examine per zip code based on geographical location.

I am a realtor based in York, PA.

View report*This link comes directly from our calculators, based on information input by the member who posted.City is in the Northwest Arkansas area.

Alternatively, should I wait for better rates before making any moves?

Based on my understanding now,  in theory, if you pay your kids $599,  you kids could still face SE tax obligation even if you don't give them 1099-Misc.

Based on CMA I'm expecting atleast 30 days to find a tenant. thanks for the advice!

Alternatively, have you looked into house-hacking?

Looks like there are a few in Colorado.I agree I learned much from (close to) free sources but did take Apartment course (syndications) through my REIA from Anthony Chara who is based in Colorado.