[quote=spdrun]It’s absolutely part of the cost of doing business. And should be accounted for via rent hikes to preserve profitability. If renters don’t like it, they’re free to move out. Point being that a 1 or 2% rent hike per annum is far from unreasonable.

5 to 10% every year in this market would be unreasonable, but a per cent or two is completely fair.[/quote]You can do that, but you’re increasing the risk of your renter moving. You have to decide for yourself whether paying for vacancy, cleaning, maintenance is less than the extra rent you get. Sometime it is, sometime, it isn’t. You might think 1-2% hike is far from unreasonable, but it doesn’t matter if it reasonable or not. It’s all about if that’s enough to make your tenant move or not.