Unless you're into helping charity cases, AVOID!

I have not done it.I have too many tenants for that.Also different tenants have varying religious beliefs and some have no beliefs so I wouldn't want to get involved with that.In real estate when I first became an agent and a broker there were two hot buttons to always stay away from when doing deals RELIGION and POLITICS.My tenants would complain as well.I want to keep the relationship business.I fix the properties problems when the arise and believe it or not you are ahead of 80% of landlords if you do just that.Most won't fix things or get emotional over rent not being paid and get a handyman to screw stuff up trying to repair it.You can do a charity that is not tied to your business and give back that way.

I have a friend who has a book company that comes to the hospital every 8 weeks and sets up displays in the lobby and sells books (a mini Barnes and Noble) and donates 10 percent to the hospitals favorite charity. 

I do not operate a charity and believe if you owe you pay.

It's not simply 'running a business vs running a charity'.

It is sold tax-free because charities don’t pay tax.

I'd bet daddy was there then too, so his guarantee may not really mean much.Without more specific details. this isn't an investor deal, more like charity with risks of getting nailed in financing and tax matters.

Most states and just about all counties & cities feature their own incentives that are generally tiered to assorted tax consequences---essentially obviating, or appreciably reducing the impacts of whatever debt's used to purchase and operate real estate benefiting particular demographic occupancies. a few of the lead affinity groups are disabled, elderly, economically disadvantaged, ethnic minority women and home based enterprise operator/owners---along with honorably discharged military veterans. other private charities sponsor trillions of dollars in incentives for parallel use & occupancies. interacting with their funding channels can be tremendously enriching.

I'm simply a means to an end for them, I'm not a charity and no one should expect that of me.

If you want to give someone $173 per month I suggest giving it to charity not a mortgage company.