...you gain by not having to pay taxes and for repairs
That’s all built in to your rent amount.
You’re paying it.....for the owner ;-)
Ha! Yes, you’re right. Perhaps I should have said “you gain by not having to pay additional taxes and for unexpected repairs”.
I’m kinda old. I’ve rented for many years. And now I have owned for many years. I really think I have broken even overall. I like owning. I’m the boss. If I want to put pink flamingos in my front yard, I can (see below). But when something breaks or if the roof leaks, I know I’m in for a world of aggravation. So yeah, I’ve broken even. I’m okay with that.