Rich Landlord, Poor Landlord

Being aware of the current market conditions and the facilities
provided by the homes in the surrounding areas will give the
individual a bench mark gauge to work from. This will ensure the
property and its offerings are compatible with the asking rental
price.
Being focused on staying committed to providing the very best for
the tenant, to justify the rental charges should be the primary
objective of the owner.
If the owner shows some level of commitment to the tenant’s
comfort, the exercise of getting the tenant to commit to a long
lease or to renew the lease would be easier.
Likewise the tenant would also want to keep the relationship on
good terms therefore would also do everything necessary to ensure
the property is kept in good condition and the rental is paid on
time.
A wealthy landlord is a prudent one, and this would entail the
landlord doing his or her research on the said property well.
Elements such as eventual repairs needed, maintenance,
insurance, advertising, book keeping and any other aspects of the
rental process should be well understood.