This only makes sense if tenants are a liability, because you get property value increase + rental income. As long as renting doesn't decrease the property valu

This only makes sense if tenants are a liability, because you get property value increase + rental income. As long as renting doesn't decrease the property value by more than the net rental income there's gotta be something else going on. And if you don't want to manage a property, property management companies exist for that exact reason.