Since all I'm doing is solving for a return when calculating my strike price, the added reserve requirements just mean that I'll end up solving to a lower price in order to project the same return as I otherwise would have projected at a higher price without the added reserves.

I say the time is now because there is less competition and your ready to strike if opportunity presents itself, otherwise you can passively shop (approvals don't expire if your situation is the same) until opportunity presents itself.

My strike escalates the longer it takes and are usually extendable for 6 months with additional considerstion. 

I'm striking out on Google.

Now I just need lightening to strike twice!

A higher interest rate on a lower principal amount can have the same total repayment as a lower interest rate on a higher principal amount and his tax situation will vary even though the same repayment is made which can sweeten the deal for him.If you strike out there, then you can go to a master lease w/option.

The tenants are not paying a lot in rent and I want to try to strike the balance between making my money back in a reasonable timeframe and not increasing rent to the point where they can't pay.

Striking a balance between price and rentability definitely seems like an important factor I’ll need to consider.

Unfortunately some groups are out there telling tenants to go on rent strikes like it's a free pay-day because there is nothing we can do, just file bankruptcy when the moratorium lifts. 

It is done often by corporate landlords and fuels things like the rent strike movement and general dislike of LLs by all.Personally, I set expectations and raise to market fairly gradually at about 7-8% per year.