Scared of succeeding and/or failing and/or prison.

Bergen county can be a difficult area to jump into with cash flow with the notoriously high taxes in most areas.

Now the floor and open houses are notorious places to accidentally create agency.

Day care are notorious for those and I do not like those and neither do lenders.

Seller will convey the Property to Buyer at Closing with marketable title in fee simple by transferable and recordable general warranty deed, with release of dower, free and clear of all liens, encumbrances, conditions, easements, and restrictions, except for: (i) those of record which do not interfere with the intended use of the Property as a permitted use under the current zoning for the Property; (ii) those assumed by Buyer; or (iii) those which are open and notorious or which could be determined by a visual inspection or survey of the Property.

They specifically step aside in any disputes in this regard, and it is notoriously difficult to try to get information as the property owner (as they will generally strive to maintain client privacy). 

That area is heavily dependent on the prison industry...there was a recent hit taken against the privatized prison industry that could change with the new administration - but you never know.  

Protect condominiums, houses and newer buildings from RENT CONTROLProtect your property from expansions in rent control like the notorious LAHD HCIDLA (new LAHD that they changed the name for due to scandals and spending tax dollar money ) REAP Rent Control Housing Authority of the City of Los Angeles HACLA Housing Authority of the City of Los Angeles

Eventually he's going to prison.

I have also tracked an owner who was in prison for 10 years.