Because people (justifiably) don't like landlords. You think that people in any given area should be happy that someone who already has somewhere to live is coming into an area that they literally don't know anything about (doesn't sound like you've even been there) and buying up property? When there's a so-called property shortage in no small part driven by landlords who have had no interest in performing improvements on their "investments" while they continue to profit on them?

Whether or not you're as good as a landlord can be is immaterial - landlords mostly fucking suck and you're about to be one if you aren't already.