Quote from @Justin Brin: I created a heat map showing the population changes in each state over the past five years (2020–2024).The states experiencing the largest population increases are Florida, Texas, Utah, Arizona, and South Carolina.

I don't remember the exact cost when I did it but I remember thinking it was cheaper than expected.I didn't see a comment mentioning that you should just include utilities in the rent and increase it based off that so I'll be that guy.

Not only for the census ending in 2020 but also the projected population from 2020 to 2025.I agree that population increase is important and should be factored in when analyzing a property. 

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

I think it is great you obtained those lots at that excellent price and want to increase the value. 

I bought it through a wholesaler. so the Wholesaler added an addendum to the contract to increase the purchase price to $195,000 with a $57,000 rehab credit.

So if there are any issues, I'll see those upfront and can adjust my plan as needed.He has already mentioned he's ok with me removing the tenant or raising prices if necessary.See my other comment regarding Deal Calculator change and maybe presenting an schedule rent increase option for the current tenant.

Plus lime is increasing in usage.Downsides.  

Rent rates have increased so quickly over the last few years.

The deduction is optimized as values increase and can potentially offset the entire net investment (including down payment) for high wage earners.