I don't think they could demand a reduction on the basis of the home no longer being inhabitable (as you are not able to remedy this), although I wonder if the lease has some sort of force majeure clause available to the tenant under the law.

The owners of blighted properties are supposedly subject to criminal prosecution, but again, as far as I've observed, the City does not put a lot of energy into finding and charging the owners criminally (with one notable exception).  

They are like giant disposable zip ties used to clear out drains.

There is some interesting stuff there with the OH trying to prevent activities that tie-up properties, such as options, in order to protect consumers from buyers not able to close, or from buyers planning to profit on a spread.  

The most notable would be to ask when and how the properties went down hill.https://www.biggerpockets.com/forums/311/topics/22...Good Luck InvestingVivek

I am in the process of interviewing with their representative to purchase the Mastery program since they are not able to have the 3-day conference now and interested to know what is your decision after the post 3 years ago. 

EQUIFAX SUFFERS MASSIVE SECURITY BREACH Equifax, one of three nationwide credit-reporting companies that track and rates the financial history of U.S. consumers, says a giant cybersecurity breach compromised the personal information of as many as 143 million Americans.

So you can pay them out to use the ellis act and change the use, but you can't raise the rents for the existing units.I've paid out a tenant $23,000 then I was not able to raise the rents. 

He also installed processes and streamlined operations, most notably implementing a computerized automated inventory system and centralizing supply orders at the Atlanta headquarters.Nardelli was credited with doubling the sales of the chain and improving its competitive position.

And $190M in facility upgrades 2) In Downtown the Mass Ave district has been revamped and would probably be unrecognizable to you today: converted Coca-Cola bottling plant to a beautiful Art Deco hotel, movie theatre, food hall, fine dining...that's just one block3) IU Health (near Northside) announced in January a $4.3B expansion, making it the largest of its kind in the United States history4) Elanco - a subset of pharmaceutical giant, Eli Lilly (also HQ here) - broke ground last summer on their project, which will employ 100k people, valued at $160M.Indianapolis is no longer the sleepy "Nap Town" that you remember from the 90's.