I've also seen a few folks raise red flags about other assets like toxic car loans too.  

no car, and not even enough money to buy my self a plane ticket out of here. 

Mr Smith sees Mrs Jones washing her car 10 times a day, and though they each get billed for 1 occupant, the charge is not in proportion to the usage which makes them unhappy and consumption in general can increase. 

If you lose in court, and YOUR NAME is on the Contract, then whoever is suing you can come after your CAR, your PERSONAL BANK ACCOUNTS, YOUR OTHER PROPERTIES.

What are some cons to house hacking a 3/2/1 car garage townhome?

However, car loans went from 2-3 year payoffs, to 4, then five, then seven and now up to eight years! 

Traffic can be either foot or car traffic.

I know you asked a question and you are looking for an answer on the question you asked... but consider this.If a toddler lives in a house right on a busy highway, and the only thing in between that kid and raging cars zooming by is a little gate that is locked... and that little runt asks you "Yo mister, how do I open this gate", are you going to explain to him how to open said gate, or are you going to tell him, "don't open the gate, it is dangerous".Right?

Converting 1 car tandem garage into 500 sq ft JADU.

We live close to the light rail so I guess the City thought people wouldn't have cars.