This increased risk is the primary reason after rent control is started, the rent increases are maximum allowed for a few (minimum) years after rent control goes into affect.  

At this point when I start podcast if it’s not David Greene talking I stop and find another real estate podcast.   

I am an Enrolled Agent licensed by the IRS and specialize in real estate taxation.  

Owning real estate is basically the same as being in the service industry and sometimes the end of a lease isn’t going to coincide with the best dates for a landlord to rent.

That property is literally screwed.The real answer to your questions is it depends on what is common and accepted in that area.

As you get further away from standard real estate practice, the risk is increased by a “legal” risk that your protection may be interpreted quite differently than you expect by a court and that the subtleties of the protection a mortgage or trust deed document provide with established law and court decisions handed down for (in the U.S.) 250+ years is not existent. 

I'm a Bank on Yourself professional and personally have my own policies that I use to fund my real estate investments.

@Bethany PeysenTo expand your real estate portfolio, stay connected with agents and lenders, conduct thorough inspections, and prepare for longer closing times.

The realtors association and a real estate attorney confirmed that a property manager has agency with the landlord and is working for the landlord. 

These tend to have higher profit margins as compared to other real estate options and the land comes with the purchase unlike the laundromats I was looking at whose facilities were leased.