Feel free to use this template:RE: RenewalDear Tenant:With the increased cost of taxes, insurance, maintenance, and other incidentals we are required to increase your monthly rent.

Even with five bedrooms renting for $700 a month (you pay yourself, as well), you'll bring in $3,500 per month and the place pays for itself.

Carl, Sorry to hear about this.. especially while you're away I'm sure is not a good feeling. 

Many investors feel the same way.

Get a feel for it and see if you like it.

I know Alberta is hot at the moment but it worries me as I feel as though i would be going with the flow.

This way, if someone feels rejected unfairly, you can show that your decision wasn’t based on any illegal discrimination, but on consistent standards applied to everyone.Alternatively... you could just ghost applicants but that's not always everyone's style lol 

Those things won't matter if your business crushes it. i feel like it would matter when those things add up and start tearing at ur profit If banking fees cut into your profit, your profit isn't big enough.

If you do not feel comfortable pursuing additional growth, I'd wait it out just a bit. 

I feel like it's a space where great operators can really clean up, since the bar is set really low, in my experience at least.