@Justin BrickmanMy recommendation would be to get WiFi thermostats and control the temperature remotely.Depending on state solar does not provide a significant ROI

Add in how old this is and the probability of this not qualifying for VA or FHA financing just rises more. 

With the current economic climate showing signs of a recession and rates rising, all of us are wanting to see that our borrowers are prepared if a downturn does come.

I am willing to come out of pocket some to help alleviate the rising prices of materials, but I'm not going to put in 32% above the fixed-price contract we signed. 

If your find the the projected prices in your area are going to depress quickly, but rents are going to rise and if it is as nice as you say. 

Numerous projects are facing delays due to rising costs, limiting the number of opportunities developers can crank out to consumers promptly.

Prices are still rising.

Your property will appreciate, you will have close to 0% vacancy, and rents will almost surely continue to rise YoY.Option 1: Multi-families below $400K are few and far between in Chicago's B/C-class, especially if you're looking for something mostly move-in ready/turn-key.

Because the town is improving and pricing are rising and they are aiming to improve the housing stock and curbside appeal. 

I do think regulations will continue to rise which will increase nightly rates by reducing competition.