I agree, every situation is different and you have to deal with rent increase differently based on the renter pool. I signed a 5 year lease with my tenant. They take a great care of the place, pay on time, and don’t bother me. Even after 5 years, I don’t intend to increase their rent. It’s a you scratch my back, I’ll scratch yours type of thing. With a condo though, the renter pool tend to be more transient, so the likelihood of them staying 5+ years is slim anyways.