We entered into the purchase contract in November 2020 and were supposed to close on the property in March 2021 but the construction was delayed by 3 months due to various impacts related to Covid.

I have read that in an environment of rising rates, this would negatively impact CRE valuation. 

Thus, there is a chance that you buy a property which require "uncertain" capex closely after buying the property which might have negative impact on the investment.

Some of the books that really impacted me were Rich Dad Poor Dad (Robert Kiyosaki), The Book on Rental Property Investing (by Brandon Turner), Cashflow Quadrant (Robert Kiyosaki), The Millionaire Real Estate Investor (by Gary Keller) to mention some.

Some of the books that really impacted me were Rich Dad Poor Dad (Robert Kiyosaki), The Book on Rental Property Investing (by Brandon Turner), Cashflow Quadrant (Robert Kiyosaki), The Millionaire Real Estate Investor (by Gary Keller) to mention some.

@Dave Spooner Absolutely, the potential of decreased turnover from having a more desirable up to date property can also have a large impact on consistent cash flow!

Most likely you are going to have to get together with the other partners and go to court to force the sale of the property. 

Well done and you're absolutely right in-unit laundry can make a significant impact on your rents. 

But that only negatively impacted Dinesh...I haven't seen anything like this but it is a good idea.

When these scenarios come up it is usually best to try and identify a way to leave the meter in place and install your improvements so as not to impact that facility.