That pretty much summarizes it: you could earn $200 here an there in exchange of working hard to keep the place tidy, and had to manage the risk of getting a dirty tenant partying at the place.Now in some cities, you run the risk of loosing $20,000 to a code enforcement officer with a communist agenda.

Decent apartments in good central areas sell for about $1400 a sqft Even though i'm french i consider France now as a high risk place for investment and advise to stay away from that market; very serious political unstabililty and real possibility to see the far right of communists (which share pretty much the same economical agenda) win the next elections.

There is a design to cities for a reason, not just random "communist" motives. 

I don't know what your deal is, other than someone at your monthly Young Communists of America meeting mentioned come onto BP and troll "those capitalist pigs", and here we are? 

LolWhen the term "Bolshevik" fell out of favor in Russia in the 1920's, the extremely violent left changed their moniker to "Communist" to make people happier, but they still killed 10's of millions of people.

Sorry, when you do business in a communist environment, you have to protect yourself.

Very few people have ever confiscated property outside of the (ex-)communist countries and Brazil hasn't been one of them.

I am not sure whether that is allowed in the Communist Community state of California but I'll consult with a lawyer.IANAL but: The Communist Community state of California does not allow you to take large deposits.

Government "repatriation" of land was really only a problem back in the 80's after the Sandanista's took control and redistributed the land from wealthy foreigners to locals in following their communist ideals at the time.

While I am not a huge Bush fan, neither am I a McCain fan (a Socialist is a Socialist is a Globalist is a Communist) give credit where credit is due.