Big Daddy
Senior Member
Hoping not to offend anyone here but the problem with tenants is they destroy the unit they are renting and most unit owners are not real landlords so issues never get repaired or resolved. Buildings that start out as 20 to 25% rental will soon become majority rental since the units are not maintained and the building begins to deteriorate. That’s the biggest fear with this condo craze we are experiencing - most of the people living in them will be tenants with no equity stake in the long term life of the unit/building and we end up with another St. Jamestown.