Every time I take my Element in for an inspection, mechanics comment on how many miles you can put on them without much work.

@Mary Mitchell my point was if landlords move more towards treating tenants as an essential element of their success the government only can interfere so much.

but yes, we have to pay attention to new laws, and deal with tenant friendly advocacy....  ...I would love to hear how you are mitigating your business risk with all these elements coming down the 'pike. 

Environmental diversity is outstanding, ocean, mountains, desert all are in the county. 

I can't speak to NYC laws, but in CA, open cary is not legal, so there ins't that element of them avoiding conflict because you are armed.  

Separately there are environmental issues like lead and other things that can lead to disability in some neighborhoods.

Are they doing a phase I &II environmental?

Did you have an open line of communication with the title company such that you can bring them the liens list from auction.com:"Most liens are removed after a foreclosure property sale, but certain liens may remain.Here are some examples:Any lien recorded on title prior in time to the foreclosing mortgage.First Mortgage (if the foreclosing mortgage is a second or third mortgage)HOA or COA assessment liens (in certain states)Mechanic’s Liens (in some states)Government liens such as state and federal tax liens, city or county liens, US Government liens.IRS liens (IRS may buy the property within 120 days after sale at the price paid at foreclosure sale)Code Enforcement Liens, Environmental Liens, and Utility LiensChild Support Liens"and make sure your title insurance had coverage for these?

This discussion necessarily needs to involve elements of one's personal circumstances, but posters tend to project their own personal needs into the discussion and fail to realize others have different setups, initial conditions, goals, etc.  

Investing in your own backyard usually removes an element of risk.