This has nothing to do with being a “good” person.
That said.
They could create a housing cooperative where all the tenants are owner-members and share the property collectively. If they live in the building too they can also be an equal owner-member. If they live somewhere else, they have to give up ownership.
Not an apartment complex, but a building makes sense.
I’m not saying it’s just, but there are some loans that allow you to buy a quadplex but you have to live there. You are free to rent out the remaining units.
Suppose a person owns an apartment building. What’s the process they should follow to behave as a good person should?
This has nothing to do with being a “good” person.
That said.
They could create a housing cooperative where all the tenants are owner-members and share the property collectively. If they live in the building too they can also be an equal owner-member. If they live somewhere else, they have to give up ownership.
No ones acquires an entire apartment building in the first place with the purpose of living in it. They do it to become rent-seeking parasites.
But to your hypothetical, they could create a co-op as @queermunist@lemmy.ml mentioned.
Not an apartment complex, but a building makes sense.
I’m not saying it’s just, but there are some loans that allow you to buy a quadplex but you have to live there. You are free to rent out the remaining units.
wrong, run down apartments occasionally are cheaper than bulk climate controlled storage units while being completely usable for that purpose
Sell it to the tenants.