Hope this answers your questionsIf we were to go section 8 would we be entitled to high opportunity zone rental rate even if it’s in Grays Ferry?

Reasonable rent control (such as AB1482) is great for professional managed units because market rents will rise faster than they would have otherwise and their rents are already near market rate.  

HELOCs are usually tied to the Wall Street Journal Published Prime Rate (some are tied to SOFR).

Population looks stable, crime rate is good, it had colleges and some tourism, close to major cities.  

For commercial multi-family, this will be different, and having 1.20-1.25x could be the requirement for best rates and terms.

Need some Advice- Looking at todays rates whats the better way to go?

@Samantha Wardunfortunately the market is tough right now, with both interest rates and prices high. 

Real Estate News in BriefWill stubbornly high mortgage rates hurt the spring selling season for the second straight year?

General interior remodeling work                                              $50,000 - $70,0002) Add for kitchenette & new bath & laundry                               $80,000 – $115,0003) Egress window well if necessary                                                 $10,000 - $18,000which is cleanly out of my price rate (to much money) and, here's another one The average cost of converting a typical basement to a legal rental unit will cost $85K - $ 95K and include:1.

While still technically in slight seller’s market territory, inventory is well above extreme lows seen in recent years when inventory fell below 1 month for a sustained period.Here are the full stats for Austin and the greater metro:A 30-year fixed mortgage is sitting around 7.3% interest, which is the highest it has been in 2024 thus far:In addition to interest rates increasing the cost of real estate ownership, buyers are facing increased insurance premiums, maintenance costs, and rising property taxes.