I believe adding partners should be based on increasing revenue and profits. 

Because this article takes a different approach and median price increased ...

After you will be done with deferral maintenance in a few years you may be able to increase the rent and see a better cash flow. 

Yes, although there seemed to be increased competition the last time we were looking to purchase in Indy from the year prior when we bought our first rental there.

Also, you already increased the fence height  that’s enough accommodation for a tenant who just moved in and hasn’t shown enough worthiness to keep spending more time and money. 3-day fix or quit.

@Shayne Mahoney Hi Shayne, it's gotten increasingly more difficult in recent years but it is still possible.

On the downside though, this creates a much trickier lending situation, given the increased vacancies, especially since the property doesn't have that many units to begin with.Given that we haven't yet closed on the property, what's the best way to proceed?

A rise in steel costs could cause a rent hike in apartment and condos to make up for the increase in construction costs.

I know when I do deals I custom create terms for my folks and not all terms are exactly the same. .. remember this is total beginner borrowers who don't know what they don't know that is who would respond to a no money down 100% loan.. with the highest rates in the industry right now.. ( which I totally get and would expect for the risk they ultimately take when and if they close a loan for a beginner with Zero money down.. 

If I provided solar, I do not believe that I can increase the rent by as much as their expected electrical usage and still be competitive for the top tenants.