If your landlord could get more, he would already be charging more. Prices are based on supply and demand, not landlord expenses. (Or they wouldn't mind fixing things! 😄)
I am a landlord, silly. When property taxes go up, so does the rent.
And I am prompt in making repairs. One if my tenants has been with me for over twenty years.
How can it be less profiable when i get $300 a month back into my pocket afyer the mortgage is paid, and i can sell it at any time for capital? If taxes go up, so does the rent. Same $300 to me!
The thing is....rent was high 20 years ago. Itt is always best to SAVE TO GET INTO THE GAME!
Sacrifice of you have to. We did in order to get into ours in mod 90's. Then once you have it. Leverage for others with it....