The smell is distinctive - musty-wet-rotten wood like; usually a sore throat and allergy like symptoms will follow exposure for days. 

And the next recession will have its own flavor. 

@Charmy Lee There are actually some distinct advantages that military members have over other investors that can help you become incredibly successful as a real estate investor.

So when you’re talking about those markets, I do think SFH/condos/2-4’s have distinct advantages over MF: better loans (low rate 30 year fixed/no need to refi in 5-7-10 years); much stronger appreciation; usually top notch  tenants who are easier to deal with.)  

Meadowlarkmotel.com - being renovated to Motel Chic with Appalachian Flavor.

https://insiderlouisville.com/lifestyle_culture/ntaba-coffee-haus-brings-flavors-of-south-africa-and-more-to-clifton/This just popped up today as well.

The salary versus the owner draw distinction is the critical part of all of this.

There's also a distinction between a fair market value and a appraised value.

I have found a few samples online, but some are very distinct than others.   

@Marc Winter You make an excellent point on the distinction between repairs and upgrades as well as the time necessary to make them.