I've had them long enough to keep pushing up rents so that I am at the top of my niche, but know not to exceed it because I'm just about at the point where if I raised rents another $50-$100 I'd be crossing over into the lower end for larger units.

This allows us to participate in both pushing rents while also limiting vacancy exposure.

I remember going to a mortgage closing on a personal home decades ago and the closing agent pushed the 3 inch stack of papers over for signing and said:"This all says...

Growing enrollment at UA may also potentially push rents upward over time, so that’s an excellent plus.

He usually posts her on a bikini, push up bra, breast augmentation  whatever.

Frequent hail storms pushing insurance rates up in that market. 

So now you sell 4, roll the $ into the remaining 4 your holding making them effectively free& clear or dang close to it.

Then it goes back on the tax rolls.  

In my current roll, I manage 17 shopping centers of various sizes and select sites for new gas stations in the Arizona market.

Points I can roll into the cost and don't mind a buy down if necessary.My primary concern is the bleed rate monthly for the build, Airbnb stabilization and the year after while we season it and prep for final financing for long term hold.