"chase a good tenant away for the sake of a few extra dollars which could and probably will be lost a number of time over by renting fees and bad tenant costs"
nice theory but reality is the cost of moving is more than $1000 for tenants min
or $20 pw over a normal lease
a $5-10 increase regardless of "good" tenant makes no difference and is usually accepted
Short sited fool? for whose benefit?? renter of course in your case