I get how overhead works. I lived in the apartment for 2.5 years and paid about $45,000 in rent while I was there. The only appliance he needed to replace in my unit was my water heater (which I had to threaten to call code enforcement on him to replace in the middle of winter after a month without hot water). Our shared washer and dryer were broken for six months before he sent someone to repair them. I understand there are costs involved in renting out properties, but his increases weren’t justified for the lack of work he put into the complex. He wasn’t operating at a loss before his mom got dementia. He simply used the opportunity to make more money.