https://www.sciencealert.com/incense-could-be-more-harmful-than-cigarette-smoke-researchers-findYour lease should have clauses about health hazards, or open fire/burning.

The repairs are almost more expensive than scraping the building and starting over except the small towns where it does not make economical sense to do so. 

.- Pregnant wife starts feeling unusually sick almost immediately, moves back into old apartment, immediately feels only "normal" pregnancy sick, refuses to enter house citing the health of the baby (good mommy).- Hubby naturally follows pregnant wife back to the 1br apartment (good daddy).- Re-remediates mold stuff (turns out the sellers hired a shoddy/cheap outfit to do the work originally). - So we have 3 separate sets of documentation that ties this all up: seller disclosures, appraisal, and the paperwork from this re-remediation. - By this point wifey is in the tail end of her 3rd trimester, obviously no one is moving anywhere at this point except onto a hospital bed once in labor.- They rent out House A to cover the mortgage, 12 month lease. - Wife has baby, apartment too small, no fault evictions in Oakland are a pain in the butt.- They purchased another home with an owner occupant loan and 5% down a few months after closing on their first, about a half mile away (job transfer to other side of the country = that exception is granted on a routine basis, it being the exact same neighborhood makes this unusual).- Underwriter would have been within reason to ask for a birth certificate to line the date of that up with the rest, but in this case elected not to.Note the unusual circumstances surrounding this.

Usually they aren't really good comparables so you will have to do your own market survey and comparablesLook for any large expenses in the T12, and ask why they are lower or higher than the norms.Look for any missing expensesDetermine the economic vacancy which will assist you in determining what type of debt you can expect to obtain.

At the same time, he is a doom and gloom economic predictor.

The reason, I am doing this is that during economic downturn many Bank cancel the HELOC and the interest rate is not fixed for HELOC.

The economic and demographic trends are week and the city has been unwilling to invest in infrastructure and economic development.

You could simply tell him that you are responsible for health and safety issues.

Of course, there are ways to make money in any market, but I think we're talking about the passive buy-and-hold investor.The system would take demographic, economic, and sales/rent data to allow you to start from the whole U.S. and then filter down -- to very specific small areas -- that meet the requirements for your investment objective and merit a closer look.

As a member of my local Economic Development Council, I recently started learning about Opportunity Zones.