[c2p2]

This is quite unfair. A landlord has dues to pay as well and they get charged by their mortgage company if the mortgage payment is late or insurance payment is late.

[ryan_lane]

If a landlord has a mortgage on the property and can't afford to pay it without the tenant's money, they can't afford to be a landlord. Otherwise, they're doing arbitrage and there's no reason this shouldn't come with risk.

Why do we treat landlords as a business type that simply isn't allowed to take a loss?

[c2p2]

That doesn't make sense. Renting is a business transaction and not charity. Why should a tenant get to pay late just because the other party is an individual and not a corporation? If you own a home and are late to pay the mortgage, you don't get to say sorry, I will pay when I want.

[redserk]

A landlord's mortgage simply isn't the responsibility of the tenant. The tenant's name is not on the paperwork.

I chose to sell instead of renting out due to the risk of relying on someone else to maintain it's mortgage.