And of course, REIT returns do not reflect individual assets to your point, @Spencer Gray.   

The cannabis industry is growing from a 1 billion to 8 to 10 billion industry in the next decade.

That being said, the 1% rule isn't a good reflection of a properties value.

Those needed maintenance items will be geared to the market and the cost will have been reflected in the purchase price of the property..Every decision is a business decision based on your particular business plan.

.$200K is laughable and $50K is a reflection that your CPA has a lot of overhead to cover in their business.

This dog is truly a lesson of how prejudice still exists in this society and it is definitely a battle to try and get people to stop, observe, determine and then reflect before treating someone or something inappropriately.  

Even if I can't collect on it it will reflect on their credit and pop a red flag for future potential landlords and financial institutions.  

The difference in cash flow will be a direct reflection of the difference in acquisition cost and the difference in expectation for appreciation.  

The key is establishing and maintaining open and honest communication, being polite and respectful, having a strong rental agreement in place and having the moxie to enforce it in a professional manner.From our rental criteria:RESIDENCE/RENTAL HISTORY1.We will examine the most recent five years of residence history.2.Home ownership will be verified through the tax assessors office and/or credit report.3.Rental history will be verified through the property owner and/or rental agent. 4.Rental history reflecting any unpaid past due rent, damages or fees will result in denial.5.Rental history showing excessive property damage, excessive noise, or unruly behavior will result in denial.6.Three or more notices for failure to pay rent and/or to comply with the terms of the rental agreement, within a 12 month period, will result in denial.7.A person with an eviction or unlawful detainer on their record may be approved if full restitution has been made.

My decision is going to be to reduce the tax basis in each property by the amount of the settlement recovery which will then be reflected in the gain or loss on disposition (i.e., greater gain on sale due to a lower tax basis) if/when I sell each property.