Yeah my FIL, just recently sold a condo in FL. He’s had it since the 1980s and for the last 25 years it’s been rented by an elderly woman for basically the cost of condo fees, taxes and maintenance (though I think he lost money upgrading the sliding door after a hurricane). It was supposed to be where he retired to (15 years ago), but his wife had Alzheimer’s, so he ended up selling it when his tenant finally died, and sunk all the profit right back into his wife’s nursing home.