So when that TARP 2.0 comes, it will be directed to the big banking entity/ J.P. to "save the commercial financing world", to "create liquidity" which is a giant smoke and mirror trick because that TARP 2.0 is just added profits, the asset's are coming back liquid already, it's the LP's and regional bank and the regional bank investors who get burned, bad. 

Many new investors get excited by high cash on cash returns in the midwest and buy rough properties in D areas and they get smoked by property managers, tenants, vacancy, capital expenses, repairs, turnover costs, etc. 

I have a tenant who is already late on his payments but he was smoking in the property and caused a fire.

Going from a 2-3 unit may also required some additional fire/smoke alarm work.

The home was on the market for an extended period of time because the renters smoked in the home so I was able to get it 20k under asking price.

my ex tenant was picked up for smoking pot - I wasn’t held liable for that. 

For example, you go to a high property tax state like Texas and you may find a property that appears to fit the 1% rule but once you factor in the $500/month property taxes and $100/month insurance your potential cash flow has gone up in smoke.

(Everyone complains that they can smell each other's food and smoke and  in each other's apartments ) The building is in Northern Jersey where I believe the building is responsible to provide ventilation by law. 

utm_source=...I think the nearest Hospital is 26-30 minutes away - maybe too far for a tired nurse to get off her shift and drive sleep.Does the salmon run go thru that river in the fall? 

And along the bay generally there is no smoke there :)  ANd if there was it would be quite short lived.