I pretty much agree. Landlords should be allowed a certain percentage of profit above their mortgage payment and maintenance costs. If, for example, a landlord has a mortgage of $20K per month on a small apartment complex with 10 identical units (including property taxes and insurance), and if his maintenance costs are, say, $6K per year, for a total of $246K per year or $20,500 per month/$2.050 per unit per month, he should be able to charge 20% more than his total monthly cost per unit. Thus, if each unit cost him $2,050 per month, he could charge $2,460 monthly rent per unit. At that rate, he would make $4100 per month profit after all expenses. If he owned 20 apartment units, he would make $8200 per month after all expenses.
And this is not including the fact that as a landlord, he gets tax deductions for his maintenance costs.
And this is not including the fact that as a landlord, he gets tax deductions for his maintenance costs.