For example, with the townhome I currently have under contract, I found that my monthly expenses would increase by about $220 a month from what they are right now. 

You can always hold out for that rent, but then you'll need to increase your vacancy estimate :) 

I bought in this area of Chicago because of knowledge of the market and the increasing home values.

Even if you decide developing it is not something you want to do the value will only increase as housing damnd increases because of the new jobs.2) - Do not go to a contract and start talking to them.

Your ROI increases the less of your own money you use.

On some policies this is an optional coverage, on others the standard policy starts at $10,000, but can be increased. 

Anecdotally, I've heard that local Facebook marketplace groups are an increasingly successful channel.

Should I get more cash flow from day 1 but have a lower CoC return (~$200/month NOI with about 20k left in the deal)ORShould I BRRRR and try to get all my money back out of the deal so I can increase that CoC return, at the cost of the monthly cash flow (~$10/month NOI with zero left in the deal)?

If she is complaining also of headaches, has red rosy skin (mostly in face), or increase in fatigue you might want to mitigate a potential law suit. 

When interest rates increase demand eventually declines, but we're still in the fear of missing out stage.