It is a program used by insurance companies that want to try to pay the least amount possible for their end "covering damages" they in turn, attempt to force the contractor to adapt to the pricing.

Why do you think the industry hasn't adapted/been disturbed as technology has become more widely used?

I can assure you, that if you skip the fundamentals, you'll be lost in trying to adapt strategies to real situations and you'll be chasing your tail for sometime before the big picture comes into focus.

But those who adapt can still follow the regulations while still having control of who they rent to.

My guess is that the tradition was established before the concept of concessions came into the mix, and how commissions are calculated hasn't adapted.

At the end of the day I am still determined to find a way to make money through real estate but, if my current vision/plan is wrong I am willing to change/adapt/readjust to make it work.Thank you in advance to all your replies and advice.

@Keleisha Carter We’re never really ready, it’s like having children you adapt and you make it work.

Just like any other building you do your best to adapt and move onto the next tenant.

Reasons for my strategy:-They can probably handle the initial incremental $50 increase, which means you get paid while they adapt/find an alternative-It will help you gauge if they can afford market rate. 

With the Utah market as hot as it is you might need to adapt a little but you get the point.