I’ll give you an example. I just had to flip this apartment last month.

Tenants destroyed the unit, didn’t pay rent for 6 months finally they left.

- $650 garbage remove charge

- $350 paint

- $2200 new carpet

- $400 new vinyl

- $250 cleaning

+ 6 months of lost occupancy around ($1350/month) so like $8k

+ $1000 in legal fees to evict

Tenant didn’t get the deposit back but they obviously don’t have any money so can’t sue them. Even if you win you never collect.

So management out about $10k

I hear you about shitty landlords, I do, my only argument is tenants are shit heads too. Then they call landlords “parasites” while destroying the property and getting uppity about how unfair life is.