And as far as comps go, we saw several 3-2s sold in the high 300s and low 400s at the time of listing so we felt ours was priced nicely in the middle of that at $365-370K and was give us a marginal profit after closing costs and commission comes out.

@Waleep AlviThe average PMC in the US has ONLY a 6% profit margin! 

And only buy if you will not be overly leveraged, plan to keep the property long-term, have a margin of safety between mortgage and potential rent, ..... 

BRRRR's, Flips, Development, are getting slimmer on margin unless you know what you are doing...

The margins are not so thin to where this rate difference would kill the deal.Can't speak to multifamily but the retail, office, and medical space I've been looking at has not seen any change in inventory or cap rates yet.

I will use 75k of that in margin equity line of credit that I hold.

While I am not familiar with how much more money you will get for your current home as a STR for the extra bed and bath, skipping that reno might be worth considering to help give yourself more margin of error on future deals.

There's tons of business out there at higher profit margins and lower stress levels.

This should help him but marginal applicants are going to have a harder time finding housing.  

., I need a better system.If I can even marginally improve those things, I'd increase my revenue a ton.