The goal is to make it more affordable to live by punishing market froth.

With the next tenant, make things a little more clear in the lease, and communicate with them when problems do arise - not to hold their feet to the fire and punish them, but to solve a problem and continue you profitable relationship.

The tax code is an incentive based system, not a punishment based system.You are rewarded for making charitable contributions.

In situations like this, I would argue that it unfairly punishes you for buying in all cash but generally thats the way it is2 - Some lenders have limits on cash-out proceeds such as something like $500,000 or $1M. 

(The organization is still around and meets yearly I think - see the PAA website if you own, or plan to own, rental property in Providence.)Many cities and towns have long term financial commitments they will struggle to deliver on more and more, and unfortunately I think a lot of them will look to fix the problem by hitting landlords since the thinking is, well they don't live here so they can't punish us by voting us out of office at the next election :-/

They avoid attention, plan their weekend, schedule vacation, their second job, their next position — some do this in the same position for more than a decade.They do nothing that warrants punishment and nothing of external value.

If you're really a glutton for punishment and want to dive even further into cap rate, check this one out too.  

They'll know.My understanding is that if you fail a 5-year certificate, the punishment is that you must pay a lead-certified remediation professional to fix the failures. 

How much does the jury think the defendant should be punished for the death is the measure here.When I say "punitive" I don't mean how horrible was the property owner in its actions that led to the death.

I would absolutely rent to them.I would not punish someone for something that wouldn't have even been a crime in at least 1/2 the other states.