I also found my fence collapsing into the neighbors yard, a burnt couch and they decided to use my property as a trash pit between the last time I seen the property and when I moved in.

Recently I bought in Brookhaven Township, literally the day after closing, a town crew showed up and a started cleaning - the collapsed pool, assorted crap - into a dumpster and GONE. 

This was posted by a respected member on the reddit real estate investing sub:https://www.reddit.com/r/realestateinvesting/comme...https://www.mauldineconomics.com/frontlinethoughts...One of the comments describes the "Minsky Moment", basically a collapse in asset value due to excessive loans being taken out, similar to the 2008 GFC."

Not that it will collapse, but wages and incomes won't allow it to go much higher.We saw this in the mid-nineties. 

Overnight the ceiling in the main floor bathroom of our four plex collapsed due to a water leak.

Overnight the ceiling in the main floor bathroom of our four plex collapsed due to a water leak.

Overnight the ceiling in the main floor bathroom of our four plex collapsed due to a water leak.

For example, how can you guarantee 12% if:- the economy collapses (or there's another 2008)- there are delays in getting permits- there are delays in construction (because there always are delays)- there is a change in market demand

This was a similar model to the pre-2008 market collapse, but with many more restrictions.  

But upon further reading, It looks like if you can prove there is a major safety issue (like a bathroom collapsing from rotten beams or the fact that the house had two fires in 2003-according to the next door neighbor) I might be able to get the ernest money.Numbers on the house.