I have this tenant who called us for her bath tube being clogged up and found out that it was because of the tenant who clogged it up with her hair when showering.

There are a lot of compliance items, including reporting, inspections, racial quotas, low-income employee quotas, requiring tax returns of low-income contractors, affirmative marketing requirements, evictions only for repeated violations and good cause, no waiver of jury trials, environmental oversight, etc.A lot of these local and federal compliance requirements are a real pain. 

Our borrowers have also had some hair-raising issues with wire fraud, though unrelated to deals we’ve done with them.

Iime sand and horse hair).So long story short, I bought a money pit that I had to gut to the studs and bricks and redo every aspect of the house.

Track blood and hair into the home.

Now remember, no one gives a poop that you have amazing hair, are 3x world champion squirrel hunter and that your pet iguana is called Nigel. 

I’ve had to submit a letter of explanation to underwriting each time to disclose why the pulls were taken and affirm that no new debt was incurred because of them.  

If you don't feel cracks in your subfloor (assuming you have a slab foundation) or rolls and breaks in your stemwall (assuming pier-and-beam foundation) then it is unlikely to be a hair-on-fire issue. 

I've seen 18-month, 24-month, 72-month, and 15-year balloons and the variation seems to come down to what the seller wants/needs out of the deal.If they are a "hair on fire" type of person then they'll likely need the money sooner, though, so put on your empathy goggles and peer into their motives :) 

The more proverbial hair on them the better the discount should be.