No, those things are separate problems, not two ways of saying the same thing.
Tenants being destructive is a known issue. My mother had a tenant that put four undocumented pitbulls in the house and one dug it's way through the flooring. She had another that refused to pay rent or move out and had to wait for months to get an eviction order. All of that is purely money lost if you're renting to people with no assets.
What I was talking about with landlords being cheap on renovations has to do with the economics of the situation. For instance, my mother won't put granite countertops in a house or use the most expensive paint or even moderately expensive carpet. In her state, every property that's had an animal in it requires new paint and new carpets every time there's a new tenant. If she was putting the nicest stuff in the tenants she rents to now would never be able to afford her rates.
Where landlords get unjustifiably cheap is when they make repairs on the cheap that cause more issues for the tenant.
Tenants being destructive is a known issue. My mother had a tenant that put four undocumented pitbulls in the house and one dug it's way through the flooring. She had another that refused to pay rent or move out and had to wait for months to get an eviction order. All of that is purely money lost if you're renting to people with no assets.
What I was talking about with landlords being cheap on renovations has to do with the economics of the situation. For instance, my mother won't put granite countertops in a house or use the most expensive paint or even moderately expensive carpet. In her state, every property that's had an animal in it requires new paint and new carpets every time there's a new tenant. If she was putting the nicest stuff in the tenants she rents to now would never be able to afford her rates.
Where landlords get unjustifiably cheap is when they make repairs on the cheap that cause more issues for the tenant.