i say to all (and especially those who have vacant units ) who complain about so-called "slumlords," just ATTEMPT to find a decent, law-abiding, pay the rent on time tenant for your house/unit. it's a needle in a haystack in most urban areas.
I was the only individual who ever cut the grass, and when I went home for the summer, one of my roommates subleased the apartment for summer quarter. What happened is that the subleese's dog had urinated all over the carpets. Unfortunately, we didn't get our deposit back.
College students can be just as bad.
I'm not a landlord - I'm an owner occupier. Have been for 10 years, today to be exact.
Not only are we trying to sell to move out of this neighborhood, we're moving out of state. We do not have the wherewithal, unless we hit the lottery this week, to buy a place in Virginia and leave this one to the Realtor in Delaware. Owe too much on it.
I understand exactly what you are saying about the repairs, I have several friends that were landlords in the past and some are currently. I've helped making a lot of those repairs.
The thing about the lure of section 8 is the landlord is guaranteed the monthly rent. And even though he has to make the repairs to damage caused by the tenant - he still gets his money.
Because I'm in the City limits, there is a different set of regs for the Section 8 housing. In fact as an owner-occupant I'm under stricter guidelines of how I have to maintain my property than are the landlords utilizing Section 8.
Wonderful state of affairs, isn't it?
Ya got that right, man!!