Because that initial base price sets the amount of the future increases to follow.New Construction On Housing Units May Come To A HaltCalifornia is already an extremely expensive place to build… there’s all kinds of fees, inspections, nature protection, red tape, etc.

Does anyone here have experience investing in or putting together oil and natural gas exploration investments? 

I agree with Daniel - analyize as many deals as you can and eventually it will become second nature. 

It is completely natural to fear the unknowns in life .

I feel the need to point out that I know this is still an undertaking that requires a great deal of work and knowledge; I don't want anyone to get the idea that I'm looking to "get rich quick" or anything of that nature.

New York-Newark-Jersey City, New York-New Jersey-Pennsylvania Population decrease due to migration, 2010-2017: -21,503Population change, 2010-2017: +3.9% (19,566,480 to 20,320,876)Natural growth, 2010-2017: 1,811,927 births, 1,035,505 deathsMedian home value: $426,300Yes, the Chicken Littles are correct, there is a NET MIGRATION OUT in the 7 year statistics of around -21,503.

This indemnification agreement does not waive Owner’s Agent’s duty of care to prevent personal injury or property damage when that duty is imposed by law.Resident May End Lease Early:Resident may end this lease before the end date of the lease or any renewal term only with written permission from the owner and only if: (A) Resident gives owner minimum written notice as defined in the lease end notice procedures, AND (B) Resident pays owner a minimum Early Release Fee of two months’ rent, plus utilities during the required notice period, OR (C) Resident continues to pay all rent and utilities until the end date of the lease or, Owner secures a new resident to take the place of the current Resident, whichever occurs first.

From a process and procedure perspective, does your process have an allowance for this type of accommodation to some tenants and not others?

what is the nature of them.. if there are that many issues I suspect this is C/D class stuff which can be a challenge from out of area investors.. you sure about this ?

The best suggestion I have is to spend some time comparing your units to the others in your immediate area and don't over-improve as often there is a natural price "cap" in the neighborhood and regardless of the small upgrades that really do improve the living experience, it's hard to make them into the rental rate if you are near the top of your market.