In terms of monopolies, anti trust laws, and it being illegal to own too much property.....well I laughed out loud when I read that.What constitutes a monopoly in real estate?

God gives us rights, which are reflected in the bill of rights and constitution, and our land is quite useable for farming.

Constitution.

“[Housing is] never going to be a constitutional right [in the U.S.], but it’s certainly possible to have states change their constitutions or their statutory recognition as housing as a human right.

@David M.You are correct, this would constitute commingling of funds and likely nullify the legal protection of the LLC’s.

My point was just that for an investor, it's not a great option, even though it's a college town in need of housing.What you guys might want to do, if your state constitution allows it, is do what California did back in the 1970's with Proposition 13. 

Also if near Constitution rd they've built and are adding on to a huge new movie studio.

You can try to justify shifting the blame all day, but I suggest you give them their money back.It's also normal wear and tear, it was not a sudden event that rises to any emergency where their failure to inform you constitutes negligence on their part.Bite the bullet and take it like a landlord, that's part of the game. :)

Not paying the rent on time constitutes a breach of lease.

This means you understand what constitutes a "good deal" and then only purchase property that meets that criteria.If you purchase a property that cash-flows (according to the definition Brandon teaches), then a market down-turn won't matter to you.