Today we’re talking about an uncomfortable situation that every commercial property owner faces sooner or later.

Your tenant is operating their business, and they violate city bylaws or environmental regulations. It could be improper waste disposal, illegal dumping, grease trap violations, noise, odours, storage in fire lanes, unauthorized outdoor use, hazardous materials, unpermitted alterations, you name it.

And the question is, what is the owner responsible for, and what are you supposed to do when the tenant is not in compliance?

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**Real Estate Espresso Podcast:**
Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)
iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)
Website: [www.victorjm.com](http://www.victorjm.com)
LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)
YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)
Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)
Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)
**Y Street Capital:**
Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)
Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)
Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)

Today I want to talk about learning AI, and why it’s fundamentally different from learning most other professional skills.

If you decide you want to become a doctor, you commit to a long, structured journey. Years of study, exams, residency, and then a licensing body tells the world, “Yes, this person meets the standard.” Same thing with engineering, law, accounting, IT security, even trades like electrical. You put in the reps, you cross the stage, you get the credential.

And yes, the world changes. Doctors have continuing education. Lawyers track case law. Engineers adapt to new codes. But the underlying framework, the language, the standards of practice, those evolve slowly enough that your investment in learning compounds over a career.

AI is different. In AI, what worked 90 days ago can be obsolete today. Not because the fundamentals changed, but because the toolset changed. The interface changed. The capabilities changed. The cost changed. The workflow changed. And the people around you, your competitors, your employees, your vendors, they are all adapting in real time. If you learned “the way” to do something with an AI model last quarter, there’s a decent chance you are already working off an outdated playbook.

So what does that mean if you’re serious about learning it?

It means you’re not learning a profession with a stable body of knowledge. You’re learning to operate inside a moving river.

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**Real Estate Espresso Podcast:**
Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)
iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)
Website: [www.victorjm.com](http://www.victorjm.com)
LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)
YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)
Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)
Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)
**Y Street Capital:**
Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)
Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)
Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)

Today I want to talk about something that looks like it belongs in an auto industry newsletter, but it’s actually a leading indicator for the broader economy, and it matters for real estate investors.

Walk onto an auto dealer lot today and you’ll see a lot more sheet metal sitting still than you’re used to seeing. The lots look full, and in many cases, they are. But the more important metric is not “how many cars you see,” it’s how long they’re sitting there.

Cox Automotive reported that in January 2026 the U.S. market began February with inventory around 2.77 million units, and the key line was this, days’ supply jumped to 98, driven by a notably slower sales pace. When days’ supply rises, the story is simple, the vehicle is not moving, the consumer is hesitating.

And that jump happened fast. Cox noted days’ supply around 76 in the prior period, then up to 98 as sales slowed.

CarEdge tracks market day supply by vehicle, essentially how long it would take to sell existing listings at the current sales pace. In late winter 2026, some models are showing truly abnormal numbers, deep into the multiple hundreds of days.

The attached notes you provided list examples like the Dodge Charger around 406 days, the Jeep Grand Wagoneer around 463 days, and the Volkswagen ID.4 around 480 days of supply, which is beyond “slow,” that’s a demand breakdown at the price point. Even some Korean cars are showing huge inventory. The Hyundai Sonata has 201 days of inventory on dealer lots. The Hyundai Santa Crus has 222 days on dealer lots. The Buick Envision which incidentally is made in China has 267 days of inventory on dealer lots. The are more than a dozen models with over 200 days of inventory on dealer lots.

------------

**Real Estate Espresso Podcast:**
Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)
iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)
Website: [www.victorjm.com](http://www.victorjm.com)
LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)
YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)
Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)
Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)
**Y Street Capital:**
Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)
Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)
Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)