Why is it bad to live onsite with your tenants?

[Steven Ortmann]

I'm just curious as to why you are supposed to hide that you are the House owner or it's bad to live in that home?

[Krystallin Baker]

I would say that you aren't necessarily "supposed" to hide your identity or avoid living in the same place you rent out. It comes down to how well you handle the situation and how well you screen and find good tenants. If you do the work to find good tenants, and you create a professional relationship from the start, you can avoid the need for secrecy. 

I know many landlords who live in the same property as they rent, and they are effective landlords without hiding their identity. If, however, you fill the vacant unit with trouble tenants and/or you are not good at building a professional relationship with tenants, you can be in for a lot of issues. However, I'd argue that you need to learn those skills regardless of if you live on-site or not.