Construction debt is expensive right now, but with the Fed (most likely) preparing to cut rates, the cost of construction debt appears to be on its way down in the coming months.

I asked my mom to see what they want  for the house, I have a hunch that it's payed off and they just want to offload it, they mentioned doing a quick close .. the ARV is about $220k and she's kept up with maintaining the property.I'D buy it with hard money, fix a few things while she pays me rent (the hard money interest rate)  and do a cash out refinance in 6 months.Do you think that's a good strategy?  

I currently have three which have stayed since I bought the houses 2017, 2018 and 2019. 

I've run into this on several occasions where the seller wanted to buy a new house and the old loan was still showing on their credit. 

Recently I purchased a house did overpay 60K my offer was the second highest offer seller didnt accept that but they called me back after a month since the first offer didnt go thru, I gladly moved forwad and recently moved in however I dont like the house at all it is accross the cemetary I dont feel homy there a bit house is nice but I simply i dont love it!

Have you read up on their by-laws to see if you need to use in house management or any other rules?

.- When house hacking, be sure to establish a good relationship with your tenants, but avoid "being friends".

Some places have pretty cheap housing and maybe even free housing in smaller or more rural cities. 

What makes you think better quality houses will likely prevail in a high(er) rate environment?

Homes that appeal to our target tenant segment range from $320,000 to $475,000, so the supply of housing we target remains almost the same regardless of how many new homes are built.DemandPopulation growth drives housing demand.