Do you increase the rent by strictly calculating the increases in your insurance, taxes and etc ?

There are rules to follow!

Typically you do not need to give 60 day notice, more like 3 days....law says one thing, but judges may not always follow the law, so I say send it to the tenant, send another certified with return receipt, AND post it on the back the of the front door or give it to them in person.   

@Pascal Enohnyaket I would argue that Winter is the best time to start a BRRRR followed by Spring.

The number of private landlords sued for more than their insurance will cover is astronomically low.The best protection: follow the law, and treat your tenants honestly.

They may become more strict on how many but do you think the Smokies would ever fully outlaw STR's?

I would probably start with 1 somewhat larger initial increase of maybe $75-100 followed by yearly increased of $50 (around 5%).

I'm not really following you on your last 2 ideas.

Bookkeeping when it comes to real estate investments can get tricky.I often find the following mistakes occur1) They fully write off the mortgage payment when in reality the mortgage payment is broken down into Interest, principal paydown and an increase into the escrow account.2) If the property is managed by a PM company, do not factor in the PM Statement3) do not calculate depreciation expenseBest of luck in your search for a proper bookkeper.

Although there were a few miscommunications internally at Flock which I had to clarify/follow up on to rectify.