But these observations are true wherever you are.

As an investor, This is not about the dog breed, it is about an observed risk that you saw with your own eyes.Risk vs Reward.

Better to just be observant and always realize you can learn a little from anyone.To clarify, I don't want the total cost of the property to be 30k or less.

During a site visit of the premises, I observed hoarding conditions of my newly renovated unit. 

I think you've made an insightful observation of your current situation. 

:)PS. for casual observers: this is just some teasing between two close friends, don't overreact. 

Now, all these things will eventually happen but it's only in looking back that there's any ability to observe the actual timing of events.

Having said that, in terms of willingly breaking the law, I'll leave you with this excerpt from Ayn Rand's fabulous Atlas Shrugged and the suggestion that you never give them your guilt, for they will assuredly wield it against you:"Did you really think we want those laws observed?"

We can see what the market thinks by observing transaction volume in real estate private equity.

My personal observations.