text: Well, I rented out my previous house and moved to a bigger one. Took out $400,000 from the house before renting out. $1700/m is more than enough to make a profit, but that was last year. This year I see rent has gone up by at least 10% so far. So that house should be at least $1850 in current market. If this new rule makes it to $2000 I am even happier. :-)