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If everyone has available units, you will probably want to increase your vacancy numbers.  

Taking a small loan to add a greater value to this property is good debt and will increase your net worth.  

I have a bit of a difficult one.

I don't like to plug in uniform, base rent increases, etc because you may be buying way below market with massive increases initially then subtle 2-3% across your ownership, etc.  

This could even be two years in advance if their goal going in was to rehab, increase NOI, and then sell.  

My investment home (SFH) which is currently rented out has increased my DTI significantly.

I believe I can do a much better job investmenting that money in property that will increase in value twice as fast as mutual funds + cash flow.

Without this documentation, it'd be very difficult to make any deductions from their security deposit for any damage because you wouldn't be able to prove it wasn't already there when they moved in.- Don't forget to get a home inspection done on the property if you haven't already.- Once you take over ownership, be sure to give the tenants your new payment address and instructions. 

Their purchasing power is expected to increase rapidly, with an expected $1.4 trillion in disposable income by the year 2020 (socialmediatoday.com).