Navigating tenant relations, especially in an owner-occupied property, requires a careful and respectful approach.

Look at all the KPIs like occupancy and rate.Do you have other expenses that go up, like utilities, yard care, internet on MTR?   

They may think I am clueless to market rent, but who cares?

Ya gotta be a lot more careful on vetting your data Carlos.

A good rule of thumb I like to tell clients is that if your activities are integral and income producing, where as if you were not to do the activitiy it would result in the property's financial health being worse off, it should count in general. 

I'm a responsible investor who takes good care of my properties and it sucks seeing these tax rises hurt the margins. 

What are some things i should put on the Rental Agreement to protect myself form rentals not paying or etc...And what are some tips to create a successful rental income.

Even if you purchased your home at the very tip-top of the market before they dropped by 19%, if you would have simply paid your mortgage payments, mowed your yard, and stayed in the house for 6 years (you had to live somewhere during that time), you would have made money on your home...and that was the worst drop recorded.

Any tips appreciated

Thank you everyone for all the tips!