For example I am LP in a fund that is very diversified (storage units, MF, Mobile homes, etc), a fund that specializes in taking garages and converting them to ADUs in MF, and a fund that includes a marijuana cultivation and retail store in NM.  

He wanders around all day and night with ten and twenty thousand, smoking Marijuana keeping up with the rents and repairs.

The other day I had to pick up something so I went to check on them, the house was kept well inside but I smell so much marijuana/weed, I had said no smoking of any substance The house so hot inside as if the house was on fire.

The two neighbors that we've met have both complained about them, saying they smoke marijuana in the garage and are generally "rowdy" (kids throwing rocks at cars, garage seems to be some sort of default "hangout") in an otherwise nice family neighborhood.  

We have not done the background check and don't know what will it report, but he said that he was in a car with three other friends in North Dakota (very conservative state, according to him) and all got caught because they had marijuana pipes.  

To answer your question- MMJ just means "medical marijuana".

If you are planning on renting to marijuana business then expect banks to say no. 

Not only that, but the marijuana boom in Pueblo hasn't hit, as they aren't fully allowing dispensaries.

California legalized recreational marijuana use can I prohibit it use on the property?

Our insurance company stated that fires related to cultivation of marijuana won’t be covered so .... that’s a real pickle as far as liabilities.