Will you buy Sims For Rent?

As much as I like this new world, I'd like to find out more about the pack. Playing landlord may be fun for a few runs, but for longer term I think I'd be more interested in using the new lot type to simultaneously play separate households on the same lot. I'm still not sure how this would work, or if it would function the same as City Living. I'd also like to know what features can be toggled off. I won't always want to be dealing with the the upkeep of the building or dealing with burglars or mold.
I'm also curious if owning multiple properties is limited to rentals, or is it possible to just own multiple residences?