From one side - that's going to be unique, so for the people who do want to rent in that a area there's not many options - will that allow a rent increase?

Hope these new carriers drop to 2020 levels but I doubt it especially considering the value increases!

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We saw opportunity for rent grown at an attractive price.

There's not really enough information to give a good answer, but I can suggest, reduce your coverage, increase your deductible, and have your tenants get their own renter's insurance.Maybe not "top" tips ...

They do penalize you for claiming the roof now. and either increase the rate or kick you out. of the program. - Speaking from experience after several successful roof claims...

You could say they are FDIC insured to an extent but claims to be made whole on a failed bank to get reimbursed by the FEDS can take a very long time in some cases.The NNN even if return was 5% you have hopefully property appreciation value long term, tax depreciation against the asset, rental increases, etc. you do not get with the bank.So my clients unless they are buying say a 6 million and up single tenant where I can land 7 plus cap rate above the debt a little those smaller deals sub 4 million do not work unless they are paying all cash or have a tiny loan like 25% LTV so the high interest rate does not affect cash flow that much.So what if someone HAS TO buy with 1031 for large taxes. 

Ultimately, should the business not succeed or perform as well as you intended, owning a property in a strong location will be attractive to other users that you could choose to sell or lease to yourself.

Some states like my home state of South Carolina re-assess upon sale.The seller property taxes may not be your property taxes.Insurance costs have increased.

As an alternative, would you feel confident retiring on $5k/$10k/or $15k/mo of income that increased about the same as inflation every year?