By no means do I think that renters can't make good neighbours. There is a house for sale near me that I keep saying things along the lines of "needs to be owner occupied" when I speak of it.
The reason I hold a current bias to it being lived in by the owner is this: in its current state (which, is technically unlivable due to the pipes being stolen, probably for drug money...) being advertised as a "Handyman special" it unfortunately will attract many of what we not-so-affectionately call slumlords. These are the folks who will do the absolute bare minimum to make the house "liveable" again and then throw tenants in there with empty promises of future renovations. One of the problems with the cycle of poverty is what it does to your spirit. The people who don't know their rights, who no longer have the energy to fight for themselves, who don't believe enough that they deserve better are the people who will most likely end up in a house like this.
Now, of course, there have been many well intentioned landlords who take a property that is in disrepair and actually bring it to a standard that almost any middle class person would be willing to live in, only to have it destroyed by bad tenants. I wish I could even say that this is the exception rather than the rule. However, if you take a property that will likely only be rented to people who are out of options, however well intentioned they might be, it's going to be hard as hell for them especially with whatever other struggles they may have, to help maintain that house.
Add to that that this house is in what I would describe as a "key location". It is in a cluster of primarily rental housing that teeters on the edge of volatility. People tend to behave in a manner that is appropriate to their surroundings - if it becomes apparent that no one in this cluster gives a f*ck then all of the houses are likely to suffer. Put one strong, community-minded homeowner (because no matter how good a landlord is who buys it, they aren't there all the time) in the middle who won't put up with garbage from the other rentals and you slowly get a shift.
In fact, the current owner, whom I'm told is being foreclosed on, is not a good neighbour and it's had an impact. So no, not even all owner occupied homes are "good".
The owners previous to the current one LOVED this house. I always felt like they got lost on their way to Wolseley and we were the lucky recipients. When I first moved to the neighbourhood nine years ago (as of March 1st!) they were the people I gravitated towards because their passion shone out of their house like a beacon. I have not had a full tour of the house, but assuming it hasn't changed much since my mother-earth loving people moved to BC (as you do when you're a full-on hippie!) it probably needs a few coats of a more neutral paint as a start; the kitchen was an interesting shade of mauve last I saw it! It might have been described as needing TLC even before the pipe stripping incident...
|So. Much. Purple.|
|Look at that loft!|
Oh, and if you do buy it as a rental, you can be sure I will let you know if your tenants are up to no good. Or, even scarier, if you have good tenants but you treat them badly, I will help them find their voice to fight for their rights because I value all of my good neighbours, tenants most definitely included.