The way I see it is that renting a house is basically burning money. 

I agree 100%—— I just had a DOOMSDAY investor saying the market is going to crash and burn next yr, and wanted to cut my fee’s because his bank raised his interest rate to 6%.

Burning one parties car was the way one of the parties involved decided to handle the situation.Best part about the car fire was one of the parties forgot which car was owned by the tenant.

@Robert Burns In my experience:#1 Calling FSBOs#2 Door Knocking About-to-Expire or Expired Realtor Listings#3 Mailing all Realtor Listings#4 Calling or Door Knocking the General Public#5 Advertising Online

Unless my tenants are burning down their apartments annually, I can't imagine that figure being accurate.Our expenses in the JP 4plex honestly don't exceed $700 a month, if that.Does this rule maybe only apply to areas where rent isn't as high as Boston?

Clearly, you have proven that I must be right in that this landlord got burned at some point and is now reacting with a new tenant for an old one’s mistake.

The people that base investments only off the numbers typically get burned.

I burn oil at home but still prefer propane in my rentals.

Has a list of people waiting to rent there and is getting $675 per unit. 2 years ago one of the tenants left the gas stove on with food cooking and it burned down the 3rd unit, due to insurance reasons he had to remove the building pad as well after demo.

When  I worked as a licensed electrical contractor on more than one occasion I was called out by a first time flipper who almost succeeded in burning their whole structure down, and only  by chance did not succeed in getting someone killed.