What t is a major disadvantage of owning rental property? A) Risk of the tenant
ID: 2614343 • Letter: W
Question
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. 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. 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.Explanation / Answer
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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