Should a LL give tenant a gift?

[Larry K.]

As a general rule I strive to be a landlord who handles his responsibilities under the lease in a professional and prompt manner. Similarly the tenant has their responsibilities and I just want them handled professionally and promptly. I avoid being a "friend" but am "friendly" in my interactions if this makes sense.

Tenant just had a baby. Am considering giving a $50 Buy Buy Baby gift card.

This event comes up very rarely in a person's life so it it one of the few times I would consider (would not consider birthdays for example)

[Ned Carey]

One of your biggest costs as a landlord is turnover cost. If it is a good tenant I want them there as long as I own the rental.

I believe giving small gifts at the appropriate time as part of a more complete tenant retention program, can help in this goal. In this specific situation Steve Babiak does make an excellent counterpoint.

(I'd probably opt for a $25 card. )