I decided to inform myself:The High Cost of Cheap Labor//Begin UpshotPolicing the border, enforcing the ban on hiring illegal aliens, denying temporary visas to those likely to remain permanently, and all the other things necessary to reduce illegal immigration will take time and cost money.

Both of these could be temporary issues but there is no guarantee of the outcome.Overall housing prices are up pretty dramatically from the bottom.  

This unit mix would not excite me.Would the deal cash-flow if there is even a temporary drop in the housing benefits program?

Crosby It depends on if you want access to those funds to buy apartments if/when the market resets. if you're just looking for something temporary look into note investing or being a private lender.

Check the city's ordinance and code enforcement for temporary sign regulations. 

You previously took a tax deduction on depreciation for both IRS and CO taxes, and now you have to return those temporary tax breaks.

. - Unless there is a natural disaster like Volcano eruption or Earthquake.these will have an affect but it is likely to be temporary.

That doesn't mean it shouldn't be done, but it's certainly not recommended.If the plan is to make this tenant a long term tenant (rather than a temporary arrangement) I'd recommend seeing what else is on the market in terms of tenants before signing a lease with your friend.

The problem is temporary and you should be able to pull through. 

It is no secret we were in a temporary sweet spot with many now suffering from a change in the market.If you can stay on board as a consultant and train a newby you just might be onto something.