The article mentions Millennials following the "American prescription for success" which I think is key to why my (millennial) generation is in our current situation.

I have same issue so i have restricted it in all leases  I suggest put in lease they can use other forms of weed ie food, lotion, pills, etc but not ignition nor anything that creates spark or ignites like cigarettes etc.Also i tell all my tenants that my banker (and my insurance company) says my loan is fdic insured and thus is using federal law which requires me via my loan and bank not to allow any weed or federally illegal substances on property.Also posted signs at all entrances. 

That sounds like a tough pill to swallow.

Get comfortable with the process involved, get comfortable with the money involved and get comfortable with the risk involved with that investment.Then I would look for the numbers that work for you and your risk level and then be prepared when the perfect deal comes across your face and then jump on it.Once you do it a couple of time it will become easier.There is no magic pill, no magic class, it takes time to get to where you want to go.Good luck!!

When I washed my arms and took an allergy pill, all was good.

Clause wording:To the maximum extent permitted by law, Tenant shall not be permitted to, and shall notpermit any family, visiting friends, dependents, guests, licensees or invitees of Tenant to grow, produce,possess, consume, use, smoke, or ingest any marijuana, cannabis or any products or ingestibles containingmarijuana or cannabis in any location in, on or about the Premises; the foregoing prohibition to beabsolute and without exception and shall include any growing, production, possession, use orconsumption pursuant to any medical use or medical prescription, or any medical, retail or recreationalmarijuana activities that may otherwise be permitted under any local, state or federal laws, rules orregulations now or hereafter in effect.

Now, with a somewhat newer home that is up to code, the prescription is more about doing a remodel, but using rehab contractors, not remodeling contractors.

Am I taking crazy pills, or would lending on this Charleston house be crazy?

Yeah it was an expensive pill to swallow, but the thought of future damage cost was much worse...  

A side benefit to the Heloc,  whether you use it or not, is it poison pills or gives you asset protection on that property.