It's called risk. You want the outsized returns of being a landlord? Then you take the risk that your tenants won't pay and you will be on the hook. You don't get a free lunch sorry.
Yes, the poster is taking the risk that they tenants cannot pay, but they also took that risk with the assumption they could evict them and replace them with a paying tenant.
If the government has the power to ban dining there is no longer a free market or a free country.
It's why so many people are moving to Texas. They understand the wisdom of small government.
I'm not saying risk is not present but when the government can destroy a small businesses ability to make money with the snap of a finger like that but the big mortgage companies are still allowed to operate as business as usual and the government is allowed to continue to collect property tax as usual...
You're literally supporting the transfer of wealth to the big corporations from small businesses.
If you don't see something wrong with that then there's not really hope in talking to you.
The government changed the rules of the game and left landlords with the bill. That’s the problem.