The Price of Allowing Criminal Activity to Operate Out of Rental Property
When drug criminals and other destructive residents reside and operate out of a rental property, neighborhoods suffer and landlords pay a high price that may include:
- Decline in property values, particularly when the activity begins affecting the reputation of the neighborhood
- Property damage arising from abuse, retaliation, neglect, and Police Department raids
- Fire resulting from methamphetamine manufacturing or marijuana growing operations
- Civil penalties, including temporary closure of the property
- Possible property seizure
- Loss of rent during the eviction and repair periods
- Fear and frustration when dealing with dangerous and threatening residents
- Increased resentment and anger between neighbors and property managers
- The loss of other valued residents