Geo,I will have to disagree somewhat with you and JD Seller.In our local area,the higher the rent houses will have more maintenance,damage problems then modest priced homes.There are people with 75-100-$150,000 incomes that will never own a home,because they are never happy in staying in any one place and do not want to put up with maint.-taxes and what ever.(same as some farmers that won't own any land)Plus most landlords will not give a bad report on a renter, so they can get rid of them.In over 60 yrs.we never got stuck on rent until a few yrs.ago ($8000 in bad checks,which I won't get into,but the sheriff used to it get them out.The other one was MESSEY Divorce and children services wouldn't the court or us get them evicted for 9 months of no rent being paid.)But in both cases the houses were left in near perfect shape.The only people making the good money seem tobe what you might call slumlords,who plan on replacing things and repainting each time.
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