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There are significant differences between renters and owners. Take rental cars for example. I have driven dozens of rental cars and have never changed the oil in any of them; but the owner of Hertz or Budget does. They want the car to look nice and run right for the next renter. I have a rental property and none of my renters have ever replaced a furnace. They call me to take care of it. I paint the building and maintain the common areas. That is one of the reasons they rent, so they don’t have to take care of any of those maintenance issues. I own my own home and when the furnace goes in the fritz, I have to fix it because I’m an owner.
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