What's the difference if it's empty? Same loss of revenue. And sure, some maintanence/upkeep for tenants, but given how fast properties rot when vacant, that's probably a wash.
Rent seeking with someone else's money? Yeah, that's risky.
Rent seeking with someone else's money? Yeah, that's risky.
Was it empty though? There is a shortage in housing and it's pretty rare to have an empty rental in this market. You're injecting conditions that don't really exist to make your point.
This point is enough.
These numbers might be off but you get the idea.
That's the difference.
If it is empty then someone who is willing to pay can rent it.