Residential landlords are individuals or companies that own properties specifically for renting them out to tenants. They provide housing options, which can include single-family homes, apartments, or multi-family units. Landlords are responsible for maintaining the property, ensuring it meets safety standards, and addressing tenant concerns. In exchange for providing housing, residential landlords collect rent from tenants, typically on a monthly basis. They must also comply with local laws and regulations regarding tenant rights, lease agreements, and property maintenance. Effective communication and management skills are essential for landlords to maintain positive relationships with their tenants.