David Krulac - I disagree with your comment on leverage being irrelevant, mainly because it allows the buyer to control an asset that will increase in value (typically in line with inflation) for a fraction of what it is worth at the time of purchase.

As far as contracts, one could easily contact a closing attorney to write up a contract that protects their interest for a fraction of the cost you would pay an agent.

This could solve the challenge of what is typically a fractionalized loan.

It's located on the SE side of town, near the hospital, and see online that there are plenty of smaller multi-family properties listed for a fraction of this one.

You get the perfomance of granite at the fraction of the cost.

Moderation took a fraction of the time it takes now, as well.

The tenant will be charged a fraction of the painting, which I expect will cost about $3000.

There are services like Legalzoom.com who would do just that for the fraction of what attorney would cost.

I have absolutely no knowledge of engineering, construction of even a fraction of what this discussion has been about, but I do have a healthy dose of curiosity which has caused me to wonder about markings such as the ones you took the time to photograph and ask about.

As an accredited investor (hint, that means I'm a millionaire...) with an MBA, I know the NPV of  real estate investments in Las Vegas is 4 times higher than here in Seattle, and the property taxes are a fraction of the property taxes here, as in, less expenses.