That is earthquake country.   99% of the properties in the CA area have cracks in the concrete.  

Account Closed Actually, appears the pacific coast is rising, so mostly earthquakes and drought to worry about out there.  

Some of the potential risks are natural disasters (earthquakes obviously, and a few other fun ones), as well as the overall economic outlook for areas outside of Tokyo, and the aging population in the countryside.As always, detailed local knowledge, or a trusted partner on the ground, is key.

You'd have to do a major rehab/reposition + earthquake retrofit on theses older properties, so you'd better have deep pockets and the ability to lose money in the short term until you can ratchet up rents to make up for your large capex and high maintenance expenses.

Builders risk also covers earthquake, waterbackup and equipment breakdown.  

The big Earthquake supposedly (experts say) we are just waiting for the big one in California, if you lived there would you cover your risk with earthquake insurance?

How is hurricane damage covered - via a rider or a special policy like earthquake coverage in CA?

They had a massive earthquake a few months back that essentially wiped out the roads and small towns around it so the country so you can imaging no one is thinking about building vacation condos right now till they get infrastructure back.  

Bread, in their case, was Life to them and the communities they served.When I served as a missionary in Haiti, I saw the value of local bakeries... as they are (valuable) in all developing nations... this is a fact of life known by missionaries throughout the world.My real estate interest is in farmland and small producing farms outside of metropolitan areas.I'm looking to invest in a very special local bakery near where I'm increasing my holdings in farmland.

In California per the California Association of Realtors contract sellers have 7 days after acceptance to deliver the buyer all reports; title, hazard disclosure, HOA documents, transfer disclosure statement, lead, Megan's list, smoke detector/water heater, etc.The buyer has 17 days after acceptance to complete all buyer investigations (yes this means physical inspections) approve all disclosures (such as megans law, lead, earthquake, title, HOA etc) during this time the buyer may request repairs or credit for repairs such as a price discount based on findings and the seller is not obligated to respond to such request.