If anything, in areas where there is a lot of property appreciation the cap rate is excessively compressed (i.e.

At least I prefer it to excessive stock market 'wishing and guessing'.

If its not yet a great area you may have tenants who will need EXCESSIVE training and screening.

No one is challenging that lead paint needs to be controlled and we are behind keeping properties safe and we fully agree that deadbeat landlords need to be pursued...however the law is excessive in several capacities.)I'd like to know why the existing and currently quite active Neighbor Works (blight, neglect, abandonment, disrepair  violations) can't pursue properties with peeling exterior paint...immediately attacking half of the problem for the lead paint law (exterior vs interior) and I would expect 80% of the real problem landlords here in Toledo.

The TIC, NNN or DST can be a very effective tool in "absorbing" left over/excess 1031 Exchange proceeds after you have completed your intended replacement property acquisition.  

Nor do I know the appetite of buyers to pay that premium.

She claims our kids drew on the wall and that there was an excessive amount of nail holes for paintings.  

That said, I'm relatively lazy and have zero appetite for C- or Warzone areas.  

I think that the leuon would help distribute the weight and prevent excessive cracking in the tiles as well. 

As @Mark Langdon said, the fee has to be reasonable to a judge.Just to give you an example of the limitations, here is Jersey City's Rent Control Ordinance on late fees: "No charges shall be permitted for late rent, whether termed a late rental fee or interest on rent paid late, in excess of Thirty-Five ($35.00) Dollars, returned check fees in excess of Thirty-Five ($35.00) Dollars, or any other similar charges."