I’m curious about if and how property tax increases will happen.

Increasing 9% will catch you up.

All leases expire this summer-City rental law restricts increases of more than 9% upon renewal.

The increased demand for rental properties increase rents.

We typically do a minimum 3% increase, then we hold larger increases for turnovers or every 3-4 years.

Cities with growing populations tend to see rising rents and prices.

There was an increase for 3 years up to 2016, then in 2017 & 2018 it went down a little & in 2019 it's gone back up with no more or less than a 5% fluctuation in attendance. 

You can justify a rent increase.3.

But the insane tax increases in Jackson County, Missouri (Kansas City) were deemed illegal:"Missouri’s State Tax Commission ordered Jackson County to roll back its 2023 property tax assessments, which raised homeowners property assessments by an average of 30% and more than 100% in some cases.

If your goal is long-term financial independence, you must have a rental income that meets the following criteria:Rents must increase faster than inflation.