While the term ghetto certainly has its own meaning to different people, the definition you provided fails to yield a viable definition which can subsequently, stand and function as an efficient and effective tool to be utilized by agents, brokers, investors, etc. as a guide for decision making.

Now per recent checks from a repair company there is mold on the living room floor and needs to be replaced to the amount for $12000 for which the landlord is holding us responsible.We have repeatedly told the landlord that shower clogging may be our responsibility, but the subsequent damage to the living room floor tiles is more of a construction defect that allowed water to travel internally and cause the damage.

For folks that don't think they need a REIA, these are the ones I frequently see that are out trying to do business with little to no idea on what they are doing, subsequently becoming the target of the authorities.

it'll add value to commercial enterprise but not residentials

If it is something that fits your goals I would leverage the knowledge gained to make the subsequent RE investments more successful.  

You must sell real estate and then subsequently acquire real estate in order to satisfy the like-kind requirement for 1031 Exchange treatment.

However now the State and subsequently the city, have relaxed the codes to encourage homeowners to build.

However, if there weere an enterprising someone out there that has a mortgage license, is bonded, insured, and can underwrite for PMI, now that seller financed notes are more farmalized, it might be possible to implement such a program, but to date, no, pretty sure of it.

She then sold the profitable business & subsequently rented them the space.

If you have different questions that go off topic, start a new thread please so people can find the question and subsequent answer more easily.