Naive question about being a #landlord: What is there to stop you from buying a few places, renting them out, but keeping prices “below market?”

Like, don’t raise prices with the rest of the jackasses. Keep them at livable prices so people don’t get priced out of everything. Yeah maybe they have to go up a little for costs, but it doesn’t have to be greedy.

Is that like, illegal? Is it technically feasible? I am ultra new here.

@chartier My wife and I manage a several properties in Tucson – when we took over managing them we came to the conclusion that keeping rents down and retaining tenants for longer made more sense than raising rents and dealing with turn over every year. Property management companies in this town almost universally raise rents automatically every year and do a crap job of maintaining their buildings. When we do get an opening it never takes more than 1 or 2 days to fill it - way less stress.