The health of the economy is arguable, the validity of previously used indicators is arguable.  

This was a block of land my Father in law purchased 50 years ago, built the apartments on some of the land and had plans for developing the rest until health issues got in the way.

How do you look up homes that become vacant here in Norfolk the city of Norfolk department of public health - Bureau of environmental health will put a notice of violation on your door if your home is unfit to live in or not kept up with so shouldn’t there be public records on this info?

I have to say that the experience has been positive so far, with a few negative items such as the evolution of home prices and how expensive has become living on this state.At some point during this period I had a complicated health issue and I ended up getting into a lot of debt to pay for my medical bills.

Might not bite me, but it might too. The

The example above, a 9 cap have us a 1,000,000 value but a 7 cap gave me a 1.28 million.If cap rate reflects health of the park to some degree, then shouldn't the price go down?

Aside from contacting the military to help with the eviction, they may need to see if the military member is having health issues and needing help.

As long as you have your health, family and the ability to make money you can ALWAYS start over.

I hesitate to call the current market a bubble - there's just too much up in the air to really see what's what, and while RE is a big part of the general health and status of the economy, there are a number of other factors that determine what / when / how the correction happens.The bigger they are, the harder they fall, so unless we (collectively as a society) really have our crap together (which we don't), when we eventually do go down I think it's gonna be a doozy. 

A few additional pros and cons of an FHA loan is that the appraiser has stricter guidelines, one of them being that they have to point out any health and safety hazard that are present and require them to be fixed prior to closing, which translates to potentially a riskier transaction for the seller.