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Land-lording for dummies

I want to become a potential landlord. I am currently in the the pre planning stages of building an ADU. I am tossing around the idea of family only, airbnb and so forth. I am a little nervous to become a landlord because of the YouTube horror stories I see and some horror stories I have heard here and there. Is land lording generally all that unpleasant of an experience or are these ghost stories?

The thing that gives me the most pause is the idea that since the landlord’s don’t make property improvements, the tenants don’t feel rent hikes are justified. What is wrong with carpet, formica countertops (as long as the structure is clean, safe and in good repair?). What are the best materials would you suggest I consider installing?

I guess what I am asking is land-lording all that bad? What do you wish someone had told you before you got into being a landlord?

Thanks

submitted by /u/SeriesNew8600
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source https://www.reddit.com/r/RealEstate/comments/uxgh7h/landlording_for_dummies/
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