The closures arrived at a time when Phoenix's retail market was tight, with space for expansion becoming increasingly rare.

Once rates do fall, I think prices will definitely increase again as competition heats up with buyers re-entering the market.

Does Illinois have % increase limitations?

The shorter the prepayment term has an impact on increasing the rate.4.

I would need to increase their rent (be reasonable) to cover the new costs. 

Prices increased dramatically and sellers know it.

Avoid lenders that want to escrow your payments at closing, this increases your cash to close drastically and, in my opinion, is not the best structure even for new investors.

Moderating for free sucks, but the spam has increased a lot in the past couple of years and almost none is getting removed. 

On the one hand, I can see it as a positive indicator, for example of market health and increasing suburbanization. 

So if someone tells you, it does not matter about liens behind you - it does.There’s one more ; the borrower has increased debt service and when it either turns negative or leaves nothing “in their pocket” they may lose interest in the property, decide to stop paying all mortgages, and put whatever income they can into their pocket until they lose the property to foreclosure or one of the lenders obtains a court order prohibiting such.