Sincerely, Caleb.

Plenty of similar deals all day around here since rents haven't kept up with appreciation.Now, I won't see this kind of appreciation elsewhere so in a sense I've lost out on that but on the flip side I'm unlikely to see the depreciation.

My reply is late but it might help other landlords out there.Although we did that to a couple of our long term tenants - they had a bad credit but we felt the sincerity and humility from them and we're glad we did. 

So, if you had a tenant living under your roof that was a lot more work than normal, you could simply reset the rent to an appropriate level since rent control did not apply.  

I sincerely appreciate your time. 

Sincerely,Justin Butcher

I sincerely feel like if you plan ahead and have enough reserves, then what could be the most miserable experience for another investor might just not be as bad for you.

I sincerely appreciate your response!

Sincerely,Michael V

Sincerely,Mark