This is a great time to she council and she likely get out of the deal depending on the terminology in the contract.

Let's say you have an irate neighbor, or some city council which is trying to ban STR's (like my municipality).

I'm on the city council and it's one of the poorest cities in the state.   

Non-profit status with the IRS.

There is not rent cap so one of the first criteria will be to charge more, which is not going to help the people that the city council says they are trying to help.Originally the mayor talked about a program that would reward landlords who kept there rents at a reasonable rate, I don't know if it would be a cut on property taxes or what since we don't have state taxes but I would have been fine with that but it never came to fruition?!

Did you know that Crystal is one of the only municipalities in the entire US that is majority Libertarian on the city council?

Otherwise, you may have some residents protest possibly forming groups against your raise and bringing it to the attention of their city council and/or congressional representatives. 

There are several cities that are now pushing regulations on short term rentals that could negatively affect your business model.As an example, here in New Orleans there was a proposal put to the city council to ban whole house airbnb rentals.

I bought a land deal from an older couple a few years back.. and I insisted they retain council .. he was 90 something and she was late 80sI laid out a very easy path to buy their property..

The building next to it on the right (further up north) is used by Jaguar and British Motors.