But when you have to fix toilets, repair or replace leaking windows and roofs, repair or replace the floor damage from the aforementioned leaking windows and roofs, tenants destroying appliances,..etc. on top of all the land expenses your Op Ex will increase significantly.

It is all about destroying small business to have transnational corporations to take over the world.

Once a downward spiral / relapse begins, it is like a tornado destroying everything in its path. 

@Chris SeveneyThe Socialists use COVID and the like to pass legislation to weaken property rights and further their agenda of destroying private property and instituting state property ownership.In 1947 NYC, using the post war housing shortage as an excuse, instituted the “temporary” measure of rent control. 70+ years later the temporary measure, as well as a companion measure instituted in1971 is still in effect, with the effect of having provided a transfer of wealth from property owners to tenants.

Any efforts to help the homeless really need to be specifically tailored for that group, because it's the only one that isn't going to waste your time and money and destroy your property.

I know if more than 50% burns or destroyed the whole thing has to be brought up to the current code.

It takes only a small leak in a pipe under the kitchen sink and the floor buckles up and gets destroyed.

My goal in my market is to destroy you, creating a one-world monopoly where I own all the best properties and have a line of individuals humbling begging for tenancy 🤣 ; barring that outcome, the next best one is one where I still stand above the competition because I have better properties, better rates relative to those properties and better service than other landlords.

A demolition is a disposition for zero dollars of consideration, and I am comfortable with the position that if a dwelling unit is demolished or destroyed, and the subjacent land is sold thereafter within the time confines of Sec 121, the land qualifies for the Sec 121 exclusion as long as the prior dwelling unit would have met the ownership and use requirements under Sec 121 notwithstanding the demolition or destruction. 

Totally destroyed by a tenant that was there for 17 years with the previous owner.