If you're going to be completely wrecked if the market collapses then look for something else.

Rusted through steel beamsRusted through support beamsStreet view - we sealed it up with plywood to prevent any access and limit liability in the event of a collapse

A few years ago we picked up a foreclosure with a collapsed rubble basement wall for $19k that no-one would touch.

I wasn’t in RE during the financial collapse but like the idea of a more challenging market.

I still want to put together a small team of laborers and some skilled carpenters because there will be stuff in both houses that i will want to do myself .. like demo and clean up and landscaping for the laborers and certain projects for skilled workers  .. the house in Inverness has a inground pool that has collapsed and i need to get someone to give me a idea on the cost to fix it or replace it .. all the pool companies i called won't give me a quote to fix ..only replace .. i am sure it can be fixed ..just got to find somebody that has experience on installing them ..

Then, they have a new election which is projected to be a guy who will finally Default on their Debt, collapsing the Italian Banking system.

When this happens the demand side(collapse) will overpower these low inventory supply levels. 

The Federal government pumped billions into Fannie Mae in the last real estate bust to prevent its collapse, and it would be a disservice to taxpayers leaving 3% mortgages on the books that shouldn't be there. 

If you remove them and the roof collapses, they were necessary.

When that happens, rents collapse.