However, I just received the closing docs, and the rate on the 6.9% loan has been increased to 7.8%.

Quote from @Lionel Quiambao:  ... and maybe throw in the option for the tenant for more speed at an increased rent to cover the additional payment. 

You really need consistent posting, engaging content, and good timing to even have a shot at reaching the right people.

Sold with extra lot for value increase Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Separately, the government increased the money supply by 40% with massive government stimulus and that drove the cost of everything way up (labor, materials, everything).

By the way my last local purchase was dec 2021 which was before rates started increasing (just a few months before, i had good timing - when the fed states they are going to be raising rates, it is a good idea to believe rates may go up).  

Overall nationwide cap rates are rising because of interest rate increases.

I'm considering increasing that last one as property values go up.

But during the summertime I can increase rents between tenants 

And lastly, I search FunishedFinder listings nearby, find comparable properties, and track the listed rent for a few months (does it increase, decrease?).