While the reports contain heaps of data -- and I plan to dig in -- I'm looking for a book or other resource that attempts to explain what steps a small investor should follow in order to interpret available data to arrive at an overall market assessment for their own purposes -- in other words, a methodology that an economics layman could follow in order to assess the viability and potential of a market.

I interpreted it as insurance is your best bet against financial loss and the entity is your best bet to make the path to a lawsuit "difficult".

There can be a difference in how a lease and option in separate documents are interpreted as compared to how a lease and option in the same document is interpreted (more details below).2) ConsiderationYour statement enumerating consideration:"For and in consideration of Ten Dollars and the love and affection of my children...."

She is actually more restrictive in her interpretation than the code itself.

That's where experience comes in from seeing how  a judge interprets that vagueness in your local court with the tenant laws.So either go to eviction court yourself and learn the ropes or get an experienced eviction attorney who knows how these things play out in your area.

Many people will interpret whats going on in the market and sensationalize it, including the media.

I would definitely have an attorney read the original lease and see what their interpretation is of which outside space belongs to which unit.I would continue to serve him the three day notices and if he does not comply then you have a chance to go to court and try to evict him.

In the commercial RE contract if just says convey title which could be interpreted in different meanings depending on what side of the sale you are on. 

Ultimately, when complaints are filed, either a court, local real estate commissions, NAR, HUD, etc have to interpret if it was a violation and take it from there.

It's like you're trying to push it through before seller realizes how much money was left on table (not saying you are but sellers may interpret it that way).