No takers yet so here is my 2 cents..Firstly I think you’d have...

No takers yet so here is my 2 cents..

Firstly I think you’d have to check your states tenancy laws regarding rental reviews/increases. Generally you can increase it to around ‘market rent’ when the review is due during a contract term and it has to be around what comparable properties are getting.

If you increase it significantly and the tenant does not agree, if they knows their rights they can challenge your increase. At which point if you can’t agree then it has the be arbitrated. You can’t just jack it up significantly or to what you think is ‘market’ to drive them out. And you can’t use an Airbnb rental to make market rent comparison or adjust rent to Airbnb levels because that is not a comparable long term rental.