Mullineaux explores this topic more in a recent article from American Banker where he calls these new regulations an industry shock, “an unanticipated development or event that significantly alters the cost and or revenue structure in a particular industry.”The increasing fixed costs that banks have seen in recent years in order to become compliant with new regulations under Dodd Frank have certainly spurred M & A activity.

I agree with the advice here that a letter should be sent to the police and copied to the mayor/city council altering them to the mishandling and future threat.

As an example, mine reads:LESSEE(S) agree(s) not to rent, sublet, or in any way assign the right to reside in the dwelling or any portion thereof, without permission from LESSOR at which time the Rental Agreement may be altered to reflect LESSEE(S) changes or additions of residents.

As you say, the number you use for CapEx can dramatically alter the deal.

Inspection results are information for Buyer(s) only and will not alter the terms of sale.

2) Just to play devil's advocate, what if you choose not to alter recently updated items (e.g. carpet) and rehab/modernize other things (e.g. cabinets) that definitely need to be done?  

I would ask myself, “If money brings me a sense of security and freedom, which use would add to that feeling and which would alter it?”

I'm certain those whose house will back to the freeway, may be be subject to the construction noise, or have the character of their home altered may take a hit, but curious how beneficial it is for those who have experienced a situation like this. 

—The landlord’s obligations under this subsection may be altered or modified in writing with respect to a single-family home or duplex.(2)(a) Unless otherwise agreed in writing, in addition to the requirements of subsection (1), the landlord of a dwelling unit other than a single-family home or duplex shall, at all times during the tenancy, make reasonable provisions for:1.

Most co-ops have an alteration agreement that outlines all the rules and fees.