Understand the difference between an accounting profit and an economic profit.

So one of my tenants decides to make a complaint at Board of Health on me without even contacting me first.

A natural resource boom can be shifted by world/political events, economic changes, environmental considerations, etc.

An engineer or a health official may take randome soil samples and provide a report.

It makes about as much sense as the sales tax on houses that the new health plan prescribes.

On the other hand, as suggested above, a small town may be more subjected to a sudden economic jolt (e.g. a Wal-Mart comes to town and now your strip shopping center is half vacant).There is no universal answer.

If you have no knowledge of the industry, the legal, economic and financial aspects of real estate you'll never make as much as you could have.

, the word "market" refers to the economic state of real estate, not the locale.So, how do smart, savvy investors find good deals even in, say, bubble markets?

It is just more trickle down economic theory coming into play.

Dennis Tierney You have to evict her, because she is a threat to the health and safety of the other tenants.