[quote=Eugene] Look at it this way. He is now an owner of half an acre of nearly worthless land adjacent to the 15 freeway[/quote]
I thought that quote from Eugene was funny considering I read an article about the air quality a few days ago. So if anyone looked at a map of the property, it literally backs up to the freeway, you can see it from the freeway, you could probably throw a baseball onto the freeway from the yard. So just before they burn it down, they place hundreds of air quality sensors in the immediate area, take readings before, during and after. During morning rush hour the air quality near the house was worse than when it was fully ablaze, because they shut the freeway down before and during the blaze so the freeway pollution was subtracted from the air and the burning bomb factory was added.
At one time, many years ago, I lived rock throwing distance from the 5 (at eye level as well), and I was always coughing despite living within walking distance to the beach. Little did I know that living a hundred feet from the freeway is worse than than living next to a burning bomb factory. At least the bomb factory burning doesn’t happen twice a day on weekdays.
On a side note, let it be a lesson to landlords and future landlords, who many on the boards are or aspire to be. Routinely inspect you property. When I rented, my landlords always did. I saw pictures in the paper and it looked like it had been a while since that place had been inspected if it ever had been.
Ask any successful landlord, there is much more to it than just collecting rent.