The typical landlord starts off life as a light hearted real estate investor. The investor is brimming with enthusiasm and is determined to acquire some single family homes that will be attractive to renters... and start down
road to financial independence.Then... Wham! Reality smacks them right in face! The investor-landlord is fair game for almost everyone.
Why? Because nobody loves a landlord.
It's bad enough that many renters don't quite understand that without their monthly rent payments landlord can't make mortgage payments on property.
A few renters are surprised to learn that family room of a rental home was just not designed as place to rebuild motorcycles.
Nobody loves a landlord.
And then... how many legal hoops must landlord jump through? In most states tenant/landlord law favors tenant in many ways
For example:
A tenant signs a one year lease. Six months later tenant breaks lease and moves. Now law demands that landlord find a new tenant for that unit as quickly as possible.
Yes, tenant only has to pay rent until new tenant is found... but burden falls on landlord. Why shouldn't tenant... one who broke a contractual promise have to find replacement tenant?
