Quote from @Devin James: Quote from @Andrew Syrios: “If you want to increase your success rate, double your failure rate.”- Former IBM CEO Thomas Watson This is my first time hearing this..

Typically its done for open space or use for community property (ie. fire station location or other county use) and typicaly would assist in increasing tax base.  

Building back utilities can increase your income, but it requires careful planning and execution."

We had nine months straight of increasing inventory.

However, I just received the closing docs, and the rate on the 6.9% loan has been increased to 7.8%.

Should I sell and 1031 the equity into a apartment complex where I can increase my net per month?

You can find online mortgage calculators that allow you to play around and see what happens if you do an extra payment or increase your payments.

It focuses on the increasing number of real estate investors in Indianapolis and how they're outbidding retail buyers.

They've increased the price several times in the last few years. 

People have failed twice now with the housing bubble and the recent meteoric increase in rates because they were gambling with the rates to save a percentage point.