With high interest rate we know some CRE/banks would get hit. 

After renovating and renting three of the units (while living in the 4th unit), I am wanting to refinance to pull out some equity and lower the interest rate. 

Because rates are high, sellers are getting flexible and makes more sense 

@Jarrod Acres Bank originated construction debt is fairly commoditized on rate.

Tampa Can Be a Good Option,it has great rental opportunities in neighborhoods like South Tampa, Tampa Heights, Seminole Heights, Carrollwood, and Brandon.Before buying, analyze costs like purchase price, rental income, management fees, repairs, and vacancy rates to ensure a good investment.Other Florida markets like Orlando or Jacksonville might offer similar benefits depending on your investment goals.

Some have flat rates, some have percentages, eviction coverage, etc. 

AlabamaEffective Property Tax Rate (2019): 0.37%4Typical Home Value (2022): $189,9766Annual Taxes on Home Priced at State Typical Value: $702.9The current metro area population of Montgomery in 2023 is 374,000, a 1.91% increase from 2022.

It depends on the absorption rate in your area right now.

Interest income from lending is taxed at your ordinary income rate.

It would take 1.5 years to recoup your 10K at that rate.