Even if their pay doesn't increase this is a small enough change for most tenants to adjust to within their budget especially if they come to expect it with their next lease renewal. 5. 1-3% annual increases might not keep up with rent price increases in the short run.

I didn’t read the fine print but they can adjust the rate anytime they want.  

Timing: Complete the study within the property’s first tax year (by the extended tax fiing deadline) if possible; otherwise, a later study can use a catch-up adjustment but will be expensive.3.

Trying to cough up similar amount +new adjusted inflated price is very tough. 

I sent certified mail mid september that was returned from the post office. i eventually flew drove down to the property in beginning of October to post eviction notice on garage and front door. i inspected the property that seemed half way abandoned.

I've created bullet points, changed wording often, rearranged pictures periodically, adjusted prices (super low for my area).

The other thing I often see is that over time, different homeowners/contractors have decided to DYI adjustments to their home aka took out walls, didn't shore things up properly, put in new doors, etc.My point is that what you are seeing is not abnormal for older homes. 

The borrowers pay significantly less for those appraisals; they usually lack vital information, tend to be performed to much more “lax” standards, and often lack good decision making as to comps, capitalization rates, and adjustments of value between the subject property and the comps.  

However before you get started I recommend you adjust your mindset.

If you're new to this, it may take some time to adjust your expectations and get comfortable.