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Its not really a rent increase under the old lease - its just a new lease with a new owner. The tenant doesn't have to agree, they can rely on their own periodic rolling over, but for a number of reasons they would probably want a fresh lease. Which gives you bargaining power for an immediate...

Why not just have a rent increase effective immediately on the signing of the new lease? You can do this in WA at least, so I'd be surprised if you couldn't in the other states (but admittedly I don't know off the top of my head).

Why are you staggering the rent increases like that?