Are these markets dried up until the rent to price formula evens out a bit more down the line (if they ever do)?

You'll also notice when they are bid side trying to own collectively 1-2 million bitcoin, liquidity is going to dry up and it'll block trade.

The main thing also to consider is how dry a basement is. 

All I was told was that funding dried up.

Because the entity you could go after, who has little capital to go after, sure you could put them out of business, and wouldn't ya know it 24hrs later that property is now under a new same/similar enhanced NNN lease arrangement to a new separate operational party who took over for the now bankrupt entity.And what attorney is going to burn through thousands of hours, trying to go after "dry wells"? 

Summer is dry here and fires are a real concern so I say nope.We have a $500 security deposit and it is clear that I will keep it if you smoke anywhere on the property.

My only experience is with non-payment of rent, and to me that's very cut and dry.

As you can imagine capital starts drying up quickly "trapping" 20% into each unit.

The seller already has given me a good deal on the property due to her being forced to return to NYC for work post-covid (seller is paying $20K out of pocket after overpaying for the property 2 yrs ago, and sellers agent is taking a commission cut to make the deal work).

All the remediation company does is stop the leak/repair the plumbing, remove any wet materials, dry everything out with big fans and then replace whatever needed to be removed.