my last tenant was a filthy b*stard.
In 3 years there he never did his dishes, that we could see when he finally left, with the aid of an eviction order, owing 6 months rent. Mouse droppings everywhere, not to mention the dog turds all over the house; the carpets strangely also smelt of dog's p*ss. And he ran up some nice unpaid debts while he was there. Two of the interior doors were ruined (hell, one of them had the bottom half missing) and the kitchen units were totally rotten from where he'd let the taps run into the sink, with a washing machine outlet uncapped.
One month's rent cover all that? not bloody likely.
People buy properties to let to make money. Fact
not always. I bought it with my then g/f to live in. Shortly after we moved in we realised it was a sh&t area, and wanted to move out again. However, in the meantime, the house prices crashed. The house we bought in 1990 for £30k was, by 1992 worth £20k and kept dropping to reach a low of about £10k.
Luckily, both our salaries kept increasing, to the point where, in '98, we could afford to buy another house (nice little semi in a good neighbourhood)
We still couldn't sell the first house without losing £20k so we thought "why not rent it out - let it pay its own mortage". So we did. The first 5 years were painless. Then in 2003 Mr R moved in...
And we still haven't sold the bloody thing it's going to follow me to the grave