Even at a conservative 8% cap rate the building is worth around $1.625M.

Due to TCPA enforcement, my response rates on Launch Control and other texting platforms dropped dramatically.

Less upfront costs and easier to manage.Most people see the nightly rates of STR and assume the net is higher, but that's not always the case.

Property is cash flowing and we have long term fixed rate debt.All good.

Your “overhead” costs to buy & sell the house + holding costs, interest, property taxes etc, luckily these can be pretty easily calculated, many websites like closing companies will have websites where you can fill out information about a property and it will tell you the costs to buy & sell, loan costs are easily calculable, take your purchase multiply by intrest rate divide by 12, that’s your monthly expenses multiply by the number of months you project the to complete, a good rule of thumb is even cosmetic can easily be 6 months anything more complicated can be 9-12 though all that can very greatly.3.

First, I would comp out what the going rate is for a 5/2 SFR in the same area where the subject property is in. 

In essence, it represents the maximum rent that CMHA is willing to pay for a particular property.Renting to CMHA tenants can indeed offer potential upsides, such as higher rents compared to market rates in some cases, as CMHA may be willing to pay above-market rates to ensure tenants have access to suitable housing.

I'm Val, a current student at The Wharton School in Pennsylvania.

Currently in grad school but previously worked in hybrid social service/tenant management roles inside affordable housing developments so I've seen some of the worst of the worst.

But I'm wondering whether it is wise to put more money down for lower interest rates or take a hit on interest rates and keep money in pocket?