@Raghavendra Jakkani wanted to add that some states, source of income is protected so you can’t exclude income sources that may come from child support, government assistance etc.

Who governs the bank and what would they do about that bank president who knowingly did this is more of what I’m looking to research.

It’s just 7 miles from the beach, 2 miles from a large new hospital and medical campus, and within 2 miles of the county government offices.

The response of the government was to REQUIRE property owners to continue to provide housing ,eating minimum standards, even as they were losing money.  

They also have the ports (or in the case of D.C. the government) which means they will continue to be very important economically for a long time.I invest in Rochester, NY because I happen to live there, but when Kodak went "under" and Xerox moved there was no appreciation for almost 20 years. 

With strong demand and guaranteed, government-backed rent, Columbus is an excellent choice for investors seeking reliable cash flow.

There are two aspects to the government “crackdown”.

Interesting point about bailouts and government support.

For example, the local government rental inspection walks through and finds no issues.  

As Jeff stated, it would give local governments the authority to impose rent control on Landlords and the State won't be able to stop them.Rent control is bad.