So we rent out a single family home to a couple that is under housing benefits with the local Housing Authority. They’ve rented from us since 2014 and the rent last couple years or so has always been $2400. The contract is renewing on October 1 so we want to renegotiate a new rate. I’m not sure if we’re allowed to do a rent increase and what would be a reasonable rate.
What should I do?
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