Rent prices need to adjust to what seems to be the new norm for housing prices.  

I understand real estate to be capital intensive.

We do not adjust cleaning fee unless a property is really struggling and then we do it as a temporary move.

I know I’d be able to adjust rents and/or pass on at least water and electric expenses down the road. 

They can adjust the JADU when comparing to an ADU as well but will factor at a percentage for a detached unit versus an attached unit. 

.- thanks   1) on the  1st mtg  refinance proposal at 4.1%  -  sounds like they are  offering you the  higher note  rate  so they can  absorb  some of the closing costs .....make sure you get a loan estimate and  review the details about them picking up all costs  ( titel / escrow / recording /  credit  etc ...)    2)  also  check the  index / margin and  caps   on the new  loan  offer   and  compare these to the  present loan  details  ...if you  keep this loan past the   rate/ payment  adjustment  period - you want to make sure  you  are aware of  how the ARM  can  change   3) the offer  to  do  " free  "  refinances in the  future  is  no  big deal  beacuse  any lender  can offer this  via  a higher rate  to  absorb  all costs 

TICs are becoming more common in LA these days; they're like condos, but the structure is different.I'm not a TIC expert, but from what I understand, adjusting the ratio of ownership is difficult.

Generally speaking in partnerships, and in all investments, people are looking for the best risk-adjusted returns.

As I see it... either amend 2023, or do a costseg for 2024 with a 3115 and 481(a) adjustment.

I had a similar situation with established snow birds renting Dec 15 to March 31 for a price that had not been adjusted for over 5 years.