The lower your price, the worst guests you attract, both in reviewing you and in doing damage to your furnishings. 

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).

What would you do from here, pay them off sooner to increase the cash flow, or keep leveraging? 

These areas tend to attract more reliable, long-term tenants who are usually more financially stable and take better care of the property.

If you see utilities increasing, is there a way that you can push this on to the tenant?

Would we see increased cross-border transactions and a surge in property investment opportunities?

By adding the 3rd bedrooms, we were confident that it would increase rents and our valuation considerably.

How about realizing that when you use the current property taxes of a property you are buying to calculate your per door profit that the following year your taxes will reset to what YOU paid for the property and will likely significantly increase your tax expense - which can take you from a positive cash flow to a negative cash flow on a low cash flow property… now you are paying your tenants to live in the property every month out of your W2 income  hoping for an appreciation play until rents hopefully increase.I could go on and on.  

This often attracts broke tenants you will have to soon evict.

page=LoadVirtualDoc&BookmarkID=6536) that capped annual increases to the Taxable Value of a property to the lower of 5% or Michigan's Cost of Living increase.