Sharing equity with tenants?

[Jay Y.]

Hi all,

Just thinking out loud here but would anyone of you consider sharing some equity with your tenants?  I'm coming from the angle that I'm a lazy landlord who doesn't want to deal with maintenance calls and I hate turn over.  I'm thinking one way to make the tenant take pride in the home and stay in the house for 10 years is to share some equity with them...  I was thinking of giving the tenant 10% of the equity assuming prices don't collapse like 2008.  This would be accomplished by having 10% of the rent placed into a holding account and after X amount of good tenantship, the tenant could get the equity based upon how much money was put in and the current market price of the house.

I know I'm skipping a lot of details but this would be the high level approach of what this model would be like.  I hope this makes sense and if it does, would you consider doing this if you're also a lazy landlord???

Thanks!

[Greg M.]

How very woke of you. 🙄🤦‍♂️

It's one of the worst ideas I've ever heard. Beyond awful. I honestly can't think of a single positive from this, but the amount of negatives are overwhelming. I'd rather set the unit on fire and burn it down to ashes on the ground than ever accept this type of arrangement. Staggeringly horrifying idea.