And for extra context, rent increase is from $900 per month to $1000 per month (still $200 below the market, and probably more considering all utilities are included).Rent Increase Letter (Due to Below Market Value) TemplateDear [Tenant's Name],I hope this letter finds you well.

My rental property’s water comes from a community well which a neighbor owns.

It also has a double car port and a storage shed of the same size.

I have a house in BA being rented out,  to price is a set amount and that's what they shown in disbursement to me, however I got a copy on the current leasing agreement with the tenets and found it that they are charging tenets an additional fee for the appliances I provided,  as well as the pet fee,  both of which they are keeping, and if an appliance breaks or carpets are damaged,  i have to replace them... is this legal?

I'll need to make some renovations like finish my basement so I can make use of that as well and move laundry to a more central and convenient spot so it can be shared.

The house is built in 2001 and has a pool as well.

Chase Bank does ACH collections, but they charge for it as well. 

If you do well, use the info you gained by house hunting now to determine if the move is worth it or not.  

Glad it's going well for you!

Doing that will eliminate part of the hassle but I assume you're aware that you will likely make much less money than with US LTRs and that the laws are much more tenant friendly than anywhere in the US.I know Valencia quite well with the perspective of a North American (and European) as I was going to invest in STRs there after the Costa del Sol but, sadly, they've banned STRs there so I had to reconsider.