The increases are not strictly about creating more profit for a Landlord, but rather more often than not, they are necessary to keep a property in good condition (including good financial condition), meet safety standards, and ensure a comfortable living environment. 

Not my speculation Following your logic, it actually doesn't matter what the rent amount is, all that matters is what the tenant pays and for how long.Class C properties do NOT perform like Class A or even Class B properties.

Next meeting and CE class is October 17th in Chandler, let me know if you're interested and I'll send you more info.

Class c property.

In a rising rate environment, your costs could increase.

I have investments all over the city in multiple asset classes.

Smokers are not considered a "protected class" (ie: race/gender/age/etc).The lease the tenant signed prior to us acquiring the property says nothing about smoking either way.  

@Sinuway MartinezRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Do you think after the first week of taking a class on concrete design I could design a building or new everything about concrete.

What property Class is it?