Like most markets, there is a growing trend in the area due to affordability and increasing more things to do. 

Hi Ethan, I would not entertain the idea of getting more money from this tenant in order to potentially increase your cash flow. 

My guess solely looking at your numbers is that it's an older/distressed property which means you have to account for more costs in capex. 2nd thought being it's not in the best of neighborhood then you'd have to take into consideration lower quality tenants/ neighbors and maybe increase expected vacancy and late payments.

Conversational AI is being used by top investors for re-engagement of follow up leads and appointment setting. 

The homeowner collects a NET/NET 5% yield with 1% increases each year in long-term lease by a BBB+ credit rated tenant (similar to Morgan Stanley credit).

The state laws (do not quote me) appear to not let these companies increase rates (or its not easy) to pick up the losses.

It's kind of disconcerting when I can only raise rents by 5% but insurance is increasing by 10% to 15% per year. 

Additionally, confirm the transfer won’t lead to property reassessment, which could increase taxes.

Typically if demand increases and supply is maintained prices go up. 

I do agree that operating costs (insurance rates) will not go down and may even increase over time.