Condos have the highest amount of law suites of any field by a good margin, even more than medical suites.

On one end I read about investors that take advantage of the Act 22 tax exemption, on the other end the government struggles with debt and reconstruction of Hurricane Maria damages.

Unless this note is being held by a non-owner occupied investor, then you may also be faced with ursury exemption limit on the interest rate depending on the state its held.  

Only other thing to worry about is estate taxes which at 10M exemption don’t apply to most people

Perhaps I missed it and would love to see where in the bill it states that capital gains must be used. https://www.congress.gov/bill/115th-congress/house-bill/828/text#toc-H2CE36B67ACCC4F89BD0B2571450C0176The portion of an OZ fund interest attributable to any capital invested in excess of the qualified gain amount is not eligible for the OZ tax exemption. 

Except that no exemption applies to any real estate licensee.In other words, these things really do vary by locale.

Oakland has strict rent control laws, like San Francisco, Berkeley, and many other cities, however there is an exemption for both duplexes and triplexes when the owner lives there as their primary residence.  

Medical payments goes along with this. 

It's my understanding that if your property is pre-1978 and you're disturbing x sq ft of area (think it's 6 for interior or 20 for exterior), then you must be lead certified or use lead certified contractors if you're reselling or renting, may be exempt for owner-occupied, unless your state offers another option, like a lead-free certificate after professional testing. 

He was to pay our medical bills as restitution.