Granny flat / Semi-detached house advantages

Whoever rents a house can imho also buy it, if it were offered to them.

That’s why I find it strange that people find large apartments, half-houses, the popular granny flat and such interesting as rental properties or even build them themselves. I only have small, cheap apartments in run-down neighborhoods for rent. There the market is bigger and the damage smaller if something breaks or the apartment (unexpectedly) should not generate income.
With expensive real estate, the potential tenant could also buy something themselves or will probably do so in the foreseeable future if it somehow works out.

By homeownership I do not mean only detached houses here but one’s own four walls, whether it is a single-family house, semi-detached house, terraced house or apartment. All of this is much more expensive than the purchase price suggests.

There is something to it, at least such cases are heard of very often, but honestly I don't understand it, because even the rent price brake does allow rent increases. So either they are nice tenants or dilapidated rental properties. Or someone has to explain it to me again...

It is often the case that owners, especially when the condominium is paid off, do not want to deal with the hassle of legally secure rent increases. If you do it this way for a long time, the problem is no longer the rent index but the capping limit (in cities with rent price brakes 15% every 3 years). That means if you rent, for example, for €700 instead of the usual local €1000, the increase to €1000 takes at least 6 years. And usually, by then, the usual local comparative rent has increased again, so you are still below the rent index.

I only rent out small, inexpensive apartments in rundown neighborhoods. The market is bigger there and the damage is smaller if something breaks or the apartment (unexpectedly) fails to generate income.

The rented apartments in my environment are exactly the opposite. Good location, high-quality fittings, rather recent build years. There have never really been problems with rent dodgers or damages - after all, these are all tenants from whom something could be recovered in the context of a lawsuit. Or who, in case of doubt, do not receive legal aid and have to pay their lawyer themselves. One apartment is from the 60s, also in a good location but overall rather in the lower middle price segment. That’s where most problems with billing, security deposits, etc. occurred.

Similar for me. Here there are no problems with tenants in relatively new (>10 years) buildings in good locations, since some sell their house in the countryside and move to the city. And those who pay €1200 per month or more often take very good care of their apartment. Especially if they come from their own house. So the first thing asked is how the parquet floor is maintained, and even the garden area is designed at their own expense with lawn edging stones, bark mulch, and plants, even though it is known that the apartment is only rented. And about half of the units in the complex are rented. No problems and a good community with class. So it largely depends on the apartment. A nice new apartment attracts the corresponding clientele, but so does an old apartment in a social hotspot. That’s why I always tend to the former. Because honestly, this way the problems are manageable and the always portrayed horror scenarios are far away. Then renting is definitely worthwhile.