And 99% of the time that happens at tenant turnover...not 7 months into their leaseIf the market "softens" then I may pause any increases, but I never drop the rental rate unless the market plummets.

The end game would likely be to improve it and rent it out for a few years, possibly mid-term it to increase cash flow, and then sell before the 5 year balloon.

Seeking advice from a local real estate agent or financial adviser may also prove beneficial, as they may offer valuable insights into the unique market dynamics and investment prospects in Philadelphia and Los Angeles.

Purchased my first multi family home, looking forward to connecting with other investors in the Houston, TX area, eager to learn more about real estate investing through networking in the area

But 20 years with less than 1% per year rent increases?

That’s a 6.4% increase.

Thank you for your suggestion about seeking legal advice! 

Insurance attorney recommending settling but its hard to think of paying out when we know the charges are not truthful and former tenant is seeking insurance money.

If not, any suggestions for somebody with limited capital seeking a cash flowing property? 

I've searched and cannot find a website that will show days on market and a rent amount (per sqft or beds/baths) and whether they are increasing/decreasing, etc...