And be specific.This is simple but profound advice. 

(a new development, unannounced insider-info plans for a company move, etc)Or in his case the sewage treatment plant in going in the NBHD and he is not willing to pay market rate because he sees this having a negative impact on values. 

That organization, of course, may have  a dog in the fight literally and could have used a sample that impacted the results.My personal anecdote is well over half to three quarters that call me have pets, but again they are self selected as I have a blanket pets on approval policy in my ads. 

How much of an impact does that have on prices?

This takes away the initial impact of such a large increase and lets her plan every 3 months to meet this new rent amount. 

Its a smart decision to diversify into other markets and shield from the potential impacts one could face by always seeking appreciation in a single market.The reason why appreciation and cash flow arent always independent of one another, especially in the case of @Shone Freeman is that a higher cash flow property could be used to buy down the debt in a shorter term.  

This is a relatively recent reverse of the older “buyer beware” norm in real estate and lets buyers know ahead of time of any major problems with their dream home.Some states go a step further and require sellers to also disclose “emotional defects” that could impact and stigmatize a property.

Please read CH 19 of David Schumacher's book BUY AND HOLD (2004-2005) revision called THE ALAMEDA CORRIDOR AND IT'S IMPACT ON CALIFORNIA AND THE NATION. http://www.amazon.com/Buy-Hold-2004-2005-Estate-Fortune/dp/0970116225This chapter is a must read for anyone buying RE in SoCal and looking for an "affordable" way into SoCal real estate.  

If you have questions regarding the legal impact of this kind of agreement, you certainly need to take the entire agreement to a loca lawyer for review.

Habit turns into your life.Are you a real estate investor to just make money OR to also have a positive impact on your customers, partners/contractors, and the communities in which you operate?