This is done every year, it should not be dictated by your expense increase.

Do things correctly, don't cut corners here.When it comes to finishes, stick with what the comps and ARV dictate.

As with any real estate, the location AND the customer will dictate what the value is. 

Does this situation dictates a partner?

He doesn't dictate what his students do with their deals.  

The purpose of an appraisal frequently dictates the valuation method employed and influences the resulting estimate of value.Intended use and intended user(s) of the appraisal report.

@Pablo Flores The difference between the manager manged and members managed LLC is in its' title itself - as it dictates in member-managed LLC - all members are responsible for the day to day operations of the business, where in manager-managed LLC there is a designated manager to run a business. 

I did hear that there was a restriction on rental rates, like the city dictates how much landlords can charge for rent...is that an accurate statement?

Sponsor's experience level and his current position dictates a lot on whether she/he can invest at a present time.

Let the numbers dictate.