This was not an accident because there is a cap on the cleanout.

Swanny ... and in order to determine the market value, they apply a CAP rate to the NOI ... where do they get the CAP rate?

All the interest from mortgages didnt seem to be helping as much before when there wasnt a cap. 

Is there a cap on how much I can increase the rent if they never had a lease to being with?

Some jurisdictions have a cap on the numbers of occupants allowed in a given property (based on bedrooms, for instance); others don't.

The problem I'm facing is getting a cap  that is higher than the lending rate!

@Bob Prisco Hi Bob what kind of a cap rate are you getting.

Many of you are forgetting that just because there is a cap of 5% on rent increases,by golly you're going to increase them the full 5%, perhaps in a show of retaliation.

If you can't do the work yourself, then you need access to a capable, hardworking, and cheap handyman, and in this economy, they are a very rare breed.Lastly on my extremely abbreviated list, YOU HAVE TO LIVE THERE.

Owning rentals allows you be a business owner rather than an employee.Like most people I have a 9-5 job that I'm an employee at and my income has a cap.