Question

What t is a major disadvantage of owning rental property? A) Risk of the tenant not...

What t is a major disadvantage of owning rental property?
A) Risk of the tenant not making all of his or her rent payments.
B) You cannot evict a tenant.
C) You cannot set your own rules for the house. D) All of the options are correct.
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Answer #1

The risk of tenant not paying rents is true as that is a definite risk and would impact rental returns. Also eviction of tenant in case of a default by tenant is definitely a tedious process and may involve lengthy legal proceedings. Also setting rules for the house would be difficult in the presence of a third party, the tenant in this case. Enforcement of these rules also would be a challenge.

So all the above options are correct. D) All of the options are correct.

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