However, landlords must ensure that their late fee provisions are "reasonable" and do not violate the state's usury laws, which prohibit excessive interest rates and charges.Under Maryland law, commercial landlords are required to give tenants at least 45 days' notice before increasing rent or changing other lease terms, including late fees.

But the insane tax increases in Jackson County, Missouri (Kansas City) were deemed illegal:"Missouri’s State Tax Commission ordered Jackson County to roll back its 2023 property tax assessments, which raised homeowners property assessments by an average of 30% and more than 100% in some cases.

These types of properties are easier to come by, often better priced, and can increase your overall rent for the property. 

Quote from @Michael Chalke: Unfortunately, Section 8 increases must be approved by HUD.

  - Options- increase rates and make more cash/profit. 

With property taxes being a significant factor in Texas, how do you factor them into your sales strategy? Are you finding it to be a major concern for buyers, or do they seem willing to overlook it in certain areas? L...

The seller dug out the basement to increase the ceiling height which required  underpinning.

If it is less than 3 you are doing it wrong.Also, you should think about doing a light renovation and increasing rents.

To me that expense would negate the increased profits of STR, which is the whole point of STR. 

Between principal paydown and home appreciation, you’re still likely to make at least 40k per year, with that amount increasing to 46k in the second year and 52k in the third.To make this a worthwhile deal, I think you’d need to hold it for at least five years.