Capitalization is your concern because if your landlord is pinching pennies barely scraping by they take shortcuts and slow walk repairs. If they lack staff, they don’t have repair people on site that can fix things.
No I’m saying given a choice between working with a company that has 500 units an onsite staff and on call repairmen and Billy Bobs one person operation, statistically you are more likely to get better service from a professionally managed complex.
And anecdotally, my lifetime of experience so far does not support that conclusion at all.
I'm an outlier; I understand that most rentals in the US are not owned by individuals, but instead by [large-ish] corporations. I understand that it is impossible for my experience to be broadly shared.
I was the under capitalized landlord with $500K worth of mortgages between my house and two rental properties in 2008 before the financial crisis and making only $70K a year. As were most real estate investors back then.
And the reason I ended up back in an apartment for four years from 2012-2016.
And during those years I was fortunately in my mid to late 30s and could afford to stay in nice apartments in an upper income suburb of metro Atlanta.
