I estimate 8%, and in my own experience with my Hollywood duplex, I'm averaging less than that.Yes, rent control measures have been on the ballot, but they've been consistently defeated, including the split-roll prop affecting Prop 13.I'm sorry you've been brainwashed by the "scalability" argument.

Doesn't this defeat the entire purpose of creating an LLC to remain independent and keep personal assets/information away?

Keeping a good tenant is golden and the possibility of them leaving from any increase and having a vacancy defeats the rent increase you impose.

Until the neighborhood plans that have a stranglehold on the city are defeated this trend will continue. 

Their boss was not a party to that.If you took the boss to small claims court over the check, at the very least, I'd think the tenant would have to be there also for their testimony which defeats the whole purpose of the tenant not wanting to be involved in the court system. 

Also many of the proposed propositions To increase property taxes for the commercial / land sector were defeated but very narrowly as well as state rent control .

I know I could opt for doing much or most of the workmyself but that would defeat my goal of independence by unwittinglygetting into a second and less-enjoyable job, besides my current fulltime which I do still love.Pleaseexcuse the rant but today I feel very much down after several monthsof continuous highs, to the point that I am even reconsidering themess I might be getting into.

@Neil Polehn  I think I'm gonna say something here that a lot of others must be thinking but nobody has said just yet: If your offer defeated 15 others there's no way that your numbers are actually truly and honestly accurate or reasonable.

CongratulationsReal estate is a long game, and a forgiving game and we can often still pull victory from the jaws of (apparent) defeat 

It defeats your purpose.