I’ve always thought the premium charged by landlords for the services they provide (roughly, the difference between rent and mortgage interest + taxes + insurance) is pretty small, though I don’t have numbers on hand. Besides maintenance and property management stuff, they take quite a bit of risk of fluctuations in property values, damage to the building, tenants stopping payment (in which case eviction typically takes quite a while), and liability for accidents and the like.
I’ve always thought the premium charged by landlords for the services they provide (roughly, the difference between rent and mortgage interest + taxes + insurance) is pretty small, though I don’t have numbers on hand. Besides maintenance and property management stuff, they take quite a bit of risk of fluctuations in property values, damage to the building, tenants stopping payment (in which case eviction typically takes quite a while), and liability for accidents and the like.