But, it can be like watching paint dry, which might have you looking for your second deal sooner rather than later, haha.

While I agree with you Marcus that this is a supply and demand issue in the short-term, we have to recognize that when the money printing spree slows down and eventually dries up no one knows what comes next. 

Turns out the yard has a lot of broken glass (big and small pieces) and other dangerous small bits of garbage in the soil.

Given it was a dry season when he checked.

That way it's pretty cut and dry.

No disrespect intended with this comment but If this was all above board, then why did he wait until after the signatures were dry before he told you about it? 

I don't see the rental market drying up any time soon.

Keep in mind a big part of what sunk us in the GFC is that investor loans completely dried up .. right now they are available Albeit at a higher rate then 6 months ago But at least you can still get one.. things get worse LTVs are going to get lowered things will just continue to tighten up .. 

I have been buying trustee's sales in Utah for the last 8 years and they have dried up to the point where I have started my research on other western states.  

Not only will the property owner make more but the tenant will benefit from dry,and safe parking as well as a reduction on their car insurance rates.