Rent Increase Restrictions in Indiana?

[Jon Dorsey]

Trying to help a friend that’s looking at a small park in Indiana and I know you are the ones to help. 

Are there rent increase restrictions in IN? I’m aware of such restrictions in DE and elsewhere but didn’t know about IN?

[Ross Denman]

@Jon Dorsey I'm not an attorney, but we've researched it in our office and consulted our attorneys and there does not appear to be a limit on rental increases. That doesn't mean that a judge can't smack you on the hands for something unjustifiable