Owner financing Yes/No

[Enante Exyt]

Hi everyone,

I am a newbie to this business. I am working on an owner financing deal in Charlestwon. Some of the tenants are already paying about $15000 for a two bedrooms & 1 bath apartment. The average rent in the area is $1200 from rentometer. If the deal goes through, do you think it will be wise to raise the rents?  Will it be wiser to wait after Covid.