I would guess that a 3% max annual raise is more realistic because the socialists are tightening their grip on California and pushing for harsh laws to take control of properties etc. 

Even if only one person is responsible for paying rent, knowing that other occupants aren't financially strained can reduce the risk of rent defaults.Cons:Potential Tenant Pushback: Some applicants may view this requirement as invasive, especially if they believe that non-paying occupants should not be subjected to the same level of scrutiny as the primary leaseholder.

I think everyone will benefit from tightening the leash again

Flush toilet 4  vac out water5 remove two flange bolts 6 clean flange and put new wax rings on7 place toilet on new flange bolts tightened bolts8 reinstall water line 9 check for leaksit’s an easy job that should not take long at all. 

However, it increases debt, which can strain cash flow if rental income falls or expenses rise.

Operating Expenses (30-35% of Income)Rule of Thumb: Allocate 30-35% of your rental income to cover operating expenses such as property management fees, maintenance, repairs, utilities, and insurance.Why: Properly budgeting for these expenses will keep your properties well-maintained and avoid unexpected financial strain.3.

If you can legally do it, I tell people how to do so.But I support the tightening of STR laws.

FL has tightened the requirements for Associations in the area of funds put aside for maintenance and updates. 

Thanks all.Yes, my tenants will cover the appliances according to my new contract; it will be up to me to see if the tenant is worthwhile to pitch in.I actually already have this clause but I will tighten it up a bit.It may look silly but the new appliances are so expensive I am not willing to buy premium appliances every 5 years for my A class properties. 

Then I expect more stabilization in pricing and less concessions as the market will tighten as we get a 2nd rate cut in Q1 of 2025.