My understanding is that a lot of blue collar people moved away from high cost cities during the pandemic since their jobs all disappeared.

When I ask for receipts of the repairs the PM disappears or provides a generic receipt in the portal with no amp any name or overhead.

Most people don't realize that the average lifespan of a publicly-traded company on the S&P500 these days lasts less than 18 years and is forecast to go down to 12 years by 2027.I started my portfolio in 2011, have a good chance to still be around by 2027, and even 2050, and my daughter, reaching average life expectancy will probably see 2075, long after most companies we know today have disappeared.

If interest rates go up another couple percent then cash flow real estate investing will disappear.  

When you fix and rent, the $50k forced appreciation you referred to doesn't disappear as you suggested.

If China Lake gets shut down, then Ridgecrest will disappear forever. 

Then they disappear for 6 months.

Once they heard that they didnt need the cat anymore, and it suddenly disappeared.

If you have $100 million in net worth, the word "freedom" will disappear from your vocabulary for the next 20-40 years.  

Sure, we can sue for the back rent, but we all know that a tenant with nothing to lose can simply disappear without much trace.