Understanding the local quirks is essential for effective house hacking because every neighbourhood have its own distinct features.Good luck!

Are they becoming dangerous?

Law enforcement has advised that this could escalate into a dangerous situation, given the occupant's troubled history and strong resistance.I've exhausted all forms of communication, including texts, emails, and physical letters, but to no avail.

The critical distinction between cap rates and discount rates lies in their time horizon.

It seems disingenuous to label on type of investing as speculative and dangerous. 

The tenant saying it is dangerous is not enough.

Asking about a track record in 2024 is dangerous.

Too dangerous and does not conform to recent codes...

Tenant agrees to comply with all duties required by Wyoming Statute §1-21-1204: maintain the Premises in clean and safe condition and not unreasonably burden any common area; dispose of all garbage and other waste; maintain all plumbing fixtures in a condition as sanitary as the fixtures permit; use all electrical, plumbing, sanitary, heating, and other facilities and appliances in a reasonable manner; prevent water pipes from freezing by turning off outside spigots, disconnecting hoses, and keeping the rental heated to at least 50 degrees; replace lightbulbs, air filters, water filters, and other consumables as needed; test smoke detectors every six months and replace batteries as needed; immediately notify Agent in writing of any defects or dangerous conditions Tenant becomes aware of; replace broken or cracked glass, no matter the circumstance of breakage, unless the Tenant provides Agent with a police report detailing breakage beyond the control of Tenant; pay to repair anything damaged by the Tenant, his guests or invitees, whether through intentional act or negligence; upon termination, remove all personal property and garbage either owned or placed on the Premises by Tenant and clean the Premises to the condition at the beginning of the AgreementCreate a policy and stick to it.

There is, however, if properly managed, a distinction between building reserves and funding depreciation.Oh, and when you sell the property, unused reserves become ordinary income, and you pay the hit.