If you see utilities increasing, is there a way that you can push this on to the tenant?

Further, BPOs and appraisals show the properties have increased 50 to 60% in value during the last 3 years.

While borrowing for a down payment is risky, increasing your savings will lower your interest rate.

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

This chart does not include the latest increase in rates, but in a couple weeks we should have an update.I saw several places that showed increased rates:https://www.verticalbuilders.com/blog/what-to-expect-in-q4-2... 

This isn’t about immediate affordability; it’s about creating a sustainable system that gradually reduces costs and increases accessibility through scale and efficiency.Institutionalizing Cultural and Economic ValueSimilar to how pension funds and university endowments operate, this model institutionalizes cultural value.

if it is serious I have a couple of questions for you 1) what is the last syndication that you have seen that did not project a majority of the return from value increase?  

What would you do from here, pay them off sooner to increase the cash flow, or keep leveraging? 

Hoping (SD) rental amounts have increased and renting it out/refinance if able/eating the cost. 4.

It establishes a base that's $40 lower, which all future rent increases are based on.