or a number of other concerns moving to TX.

Do it on your new primary you’re moving in to next to show your new neighbors you’re better than them.

Rising interest rates have hurt everyone’s buying power (except cash buyers obviously), and inventory is locked up because nobody wants to move and give up their historically-low interest rate.

I think on their level of scale they want to see lower rates to better compete with other accommodations and get more bookings. 

(do not ask about children, should not matter at this point) How soon do you hope to move?

Or, if the space is big enough, maybe move the king up there and make it the master space, then put 2 bunk beds in one of the main floor room.

I would like to move into the occupied unit so I could fix it while I live there and maximize rents on the updated unit.

When considering your plans, if you intend to sell the townhome in five years to move into larger properties, the 7/1 ARM might be an option, though there's a risk of the interest rate adjusting significantly before you sell.

Come humbly from a position of knowledge and strength and you'll find all the help you need.Good luck, and keep moving forward!

Built up from the tenant's rent payments (and using that money to pay the mortgage), built up through appreciation (in which case all that equity is the same for everyone), or buy you buying it (moving cash from your bank to the house)...which isn't gaining anything.