What you wrote is actually kinda correct and I quote: "I would say it is actually quite similar to Southern Spain in many ways.

With how old NYC's buildings are, everything has to be grandfathered in until the city calls for correction which will happen when he lets the inspector in.

True although the fires this year just adds to the reasons to leave California (excessive taxation and regulation, overbearing political correctness, downtowns littered with feces, etc.).

@Daniel Tanasa   Unfortunately that is not correct when it comes to mortgage debt.

You hired evictthemforme.com and they represented you correctly.

This means there are no checks and balances to ensure all transactions are entered correctly.

it looks like you have found out - correctly - that the vast, vast majority of properties for sale aren't good deals from an investment perspective. 

So it's not correct to say you cannot depreciate real estate in an IRA.  

Bloody oath I do mate.It's never their fault and always yours (Ours).They rarely take any responsibility and cry victim.It's crazy to think but it's like many intentionally look for drama and deep down inside don't want success but rather problems.Someone to dislike and blame and to feel wronged by.All other personal and "at home" issues can now be blamed on this one unfortunate scenario.This "drama" per se is like food for the hungry and they need such drama in life to "survive".My apologies if my above comments sound weird as they are more so from a philosophical standpoint and just some thoughts that I have considered after 5,000+ investor intro calls and as you have mentioned, others feeling wronged by me or my company on many occasions.What a $#@% way to live IMO but I don't judge and sleep in peace.Again, I have been "wronged" by many but consider it my own fault.I also don't call them out publicly or post bad reviews, etc... 

If you think like those gurus or think like those gurus, then you can kick rocks pretty much.Also put aside some money for appraisals, because if you don't do anything correct with a multitude of professionals, you can get sued.Plus these gurus who promise to jv on deals will screw you over.These gurus are pathological liars that need someone to publicly expose them face to face!