Family says he is out of danger, but a long long road to recovery and several surgeries to go.

This is why we have, int he industry, a distinct difference in Property Managers vs Leasing Agents. 2 Different "crews" to do 2 very different job's, that those 2 job's/crews are inter-related for the overall success of the "flight". 

A properly wired sub-panel has ground and neutral wiring that remains separate; this is a key distinction from a main panel that ties directly to the service line from the electric company, where the bus bars are used interchangeably for ground and neutral. 

Be careful with that distinction as paying 1099s to persons who should be W2 employees can trigge back payroll taxes owed to the governments and the employee.

So I can't rule it out.That said, the market will do what it will do regardless of what I think or say, so all I can do is navigate around it as best as I can and adjust for risk accordingly.I do think that as a market continues to climb higher and people are forced to take on more and more debt for lower and lower returns, the danger of over-leveraging yourself becomes the biggest risk. 

Having said that, I don't believe this distinction makes the other comments you made incorrect for the case discussed here.

We have also seen the same in venting when the a/c is run very cold & you have serious condensation (from in-house high ambient humidity) laying in the venting laterals & it also has a distinctive odor.

Not sure how they arrived at 3 neighborhoods in Chicago less dangerous then Detroit's? 

The NAR chartered Danger Report clearly ID's industry threats, low proficiency and low consumer regard for agents in general.I feel marketing of any product is done poorly when the marketer can not apply the training to personal effect.  

If the answer is no, then I don't care how good their credit is or their exit strategy, it's a dangerous loan and I wouldn't do it.Remember, the final recourse for a lender is to take the property back.