Eventually if everyone stops paying, the system collapses. 

Ok, maybe a bead or two of sweat but point is, that opportunity we once had was from the collapse meet's total non-existence of a system to handle it.

You can also do easier 1031 exchanges  Your buyer will most likely be an owner occupant not another investor looking for a deal  They are almost guaranteed to appreciate more.Less chance of 100 vacancy/total disaster from one fire, earthquake, tornado, roof collapse (snow?)

In my 17 years of real estate investing, I have not been sued once, despite experiencing major property damage—such as two homes burning to the ground due to faulty wiring and a tree collapsing onto a master bedroom while a tenant was sleeping.

From the financing side, condos are difficult to finance as a qualified mortgage, because there are so many variables with the HOA and the fees, especially in Florida since the collapse of the condo in Surfside and the new Condo 3.0 safety laws were passed. 

Florida is battling a housing crisis brought on by surging insurance costs and HOA fees following a rise in natural disasters and the Surfside building collapse in 2021.

One of the wildest experiences I’ve had in property management happened on the very first day of managing a new property.I was conducting onboarding calls, getting familiar with tenants, when suddenly—the ceiling collapsed on a tenant’s back.The tenant had reported the issue for over 14 months to the previous property manager, but nothing had been done.

Trust when I tell you the house of cards is going to collapse.

Please advise.Also behind there is retention wall belonging to the strip mall owner (who does not care for my concerns as per my talk with his property manager  few years back) where I built back french/trench drain which is leaning towards my property side which I am concerned may collapse.6.

And with all this to happen without a complete collapse in society.