As Arsen mentioned and using Detroit, this city is "street to street" with regards to quality/condition, so this rule change could affect your asking rent.

The guy who came out said it happens more frequently now, thinks there’s less quality control in the glass.

I've seen some really high quality unpermitted work and structural disasters with permits.All depends on the owner and who you are buying it from. 

The corporate clients have been very easy to work with, and they seem less concerned about the dollars charged as the quality of the level of service provided.

higher quality than those purchased commercially, or even generated by SEM.  

Outstanding, best wishes on this venture. 

With rising interest rates and the widening wealth gap, first-time homebuyers are by locked out of the housing market, it seems long-term rental demand is solid but of course it would be important to get quality tenants in the better parts of town.

Thanks Stuart, i agree, sometimes in the dust of action and a zeal to move forward i do need to keep in mind the tenant quality and property profile. 

The demand for rentals is high, there is no issues getting units rented at top of the market prices with quality tenants.

This stability can significantly enhance the quality of life for tenants, offering a sense of peace and financial predictability.However, as a landlord, this 5% cap limits my ability to adjust rents based on market conditions and rising costs, thereby reducing profitability.