RELATED: The Right Way to Raise Your Tenants’ Rent (+ Sample Rent Increase Notice)How does rent control work? Rent control is a form of tenant protection that institutes a legal limit on a property’s maximum rent. Rent control: pros and consMany real estate investors shy away from investing in markets with rent control without ever taking the time to understand the nuances of the policy. Rent control regulations typically permit raises for special hardship cases because they still want landlords to earn a “fair return” on their investments. Capital improvementsCities with rent control typically allow landlords to raise rent after completing significant capital improvements to the tenant’s units or the building itself.