I would never advise this, though, as the risks are high to be fined and/or shut down totally. 

This is why it is folly to believe one can simply acquire a property and just sit on it forever and all will be fine.

Include a fine for violations, additional fees for mitigating smoke damage (including odors), and whatever else is needed.

I'm under no pressure to do or buy anything so watching the CRE space play out from the sidelines works just fine for me.If that's your definition of a clown, it's time for me to go paint my face! 

But for a rental a single stage is fine

I'm sure they'll just make sure the company has no assets and debt, so when they get a few million dollar fine they'll just have the company declare bankruptcy and dissolve.

Manual is fine.

Property management is a tricky business, walking the fine line between renter and owner expectations.

I'm not a property class expert but the numbers and properties I have are working out just fine for me. 

Get a deposit.Yes offer a discount.You should be fine if you do these.