An owner of an interest in income-producing property who does not reside on the premises and who may rely on a property manager to oversee the investment
any landlord who lives in a different neighborhood, or locale than the applicable units he rents out Absentee landlordism is the norm in today's commercialized, often conglomerated, incorporated rental housing market While inner cities typically offer the highest density of rental housing units, landlords usually live in nicer neighborhoods with less traffic, more back yards, lawns, offstreet parking and fresh air Thus essentially the absentee landlord does not identify with tenant struggles, tenant rights or the concept of affordable housing Equally bad, absentee landlords extract millions of dollars from any sizable inner city neighborhood each month, and do most of their personal shopping outside of tenant neighborhoods where small rent-paying shopkeepers struggle to survive In most cases, absentee landlords insulate themselves from direct tenant feedback by hiring building managers