If you are at a net positive with that low rate it could be worth keeping.

Many people buy stressed properties in cash or using hard money loans at HIGHER rates than that.

Increased interest rates over the last 2 years and increasing cap rates have put downward pressure on multifamily values.

We got a guy here in Cbus/cleveland who fancies himself something of a youtube star, his listings tend to sit for a long time because they are overpriced, his rent projections are generally pretty high and not reality, and he generally doesn't accept offers with inspection contingencies. 

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In the beginning, it seemed like the stars had aligned in my favor.

We try to advise investors not to purchase in over densified projects, there are some developers just trying to maximize profits for them and developing projects that in my point of view are not the best for the long term, it creates what I call nightly rates cannibalisim between owners lowering ROI, it also doesnt work on your favor if you ever want to flip it. 

In my area its really hard to get multifamily properties and SFH don't cashflow well anymore with the current interest rates. 

At the last meeting they are still expecting 3 rate cuts this year.

Interest rates for primary residence are typically about 1 percentage point lower than conforming investor loans so if you can buy a new primary residence and rent you current one out you will save a lot of money on interest payments.3.