This means you cannot raise the rents until the lease expires and then with proper timely notice. 

@Ryenell Simon The thing with probates are that they can be a little complicated on the list, meaning that there are different stages for probates and some have properties associated with them or not.

These terms are so interchangeable and mean different things to different people.  

I'm sorry but I have no clue what most of that means.

I mean,  you have to get up, deal with bosses, idiot workmates, commuting, etc.

Anything higher means rents are too low.

I have read about the 2+1 law as a general law for California, meaning a 2 bedroom house could have 5 people, although this is just a general guideline.

I assume you mean off-base housing.

When looking at property value I tend to see either value of improvement or valued improvement. Could someone possibly explain it to me as I am still new to real estate. All input is appreciated.

I mean, in the above example, 300k property to make 800 profit per month?