is higher so they can do a lower rate (3.125% compared to my other quotes of 4.25% & 4.5%).

Comparable stablilized properties that the appraiser used to underwrite the acquisition suggest we'll have a sizeable chunk of equity we can tap for future investments.

Hopefully, you can find someone who thinks the same way, and who knows maybe you will be the broke kid compared to their massive fortune!  

But you have to compare it to the potential lost opportunity cost of those funds and ROI (particularly once you move out).

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Compared to one year earlier, the Index was 151 percent higher, a striking difference due largely to the significant drop in home search activity in early 2020 at the beginning of the pandemic.

@Clyde Wellman, It isn't just the holding costs to compare to.

After all 80% of this violence is perpetrated on the Black community in a City that has Hardly any black population by % compared to any other large city in the entire US..  

I've been working with Quicken Loans and was told that there's a strict regulation for refinancing investment properties now compared to even a few months ago and not that many lenders are refinancing investment properties now.

Based on available comparable properties (unfortunately most are new constructions so not much history), the property isn't on the cheaper side, it seems at par with others (maybe on the higher end wrt $/sqft etc), So really it comes down to asset appreciation.