This decision did not come lightly as I bought the property Nov 2020 and renovations were completed in march of 2021 but the property sat vacant for 6 months as I was screening tenants and even section 8 tenants.

Yes the properties are in B and C+ areas.

Targeting zone B and C real estate.  

I’ll guarantee that if rates stay at these levels, you will be seeing it by February/March….the reason I can guarantee it is because its simple math. 

Prime was at 3.5% in March of this year, and it currently is 6.25%, and will likely be 7.5% before the end of the year.   

I'd definitely wait until after the elections in November, wait out the winter where housing is kinda dead anyway....next Feb/March might be the time.

In this case, I would push him off until March/April and then consider pushing him out/pushing the rent up.If you do not have seasonal leasing, it would be up to you on whether you get him out or not.

You can use unlimited accredited investors for a 506(b) and are allowed up to 35 non-accredited that you have a relationship with.

Then it is moving up to $30/hr in March of 2023. 

I missed out on a 2/1 in the unincorporated Yucca Mesa area last March (went with another market) that was around $260k iirc.