IMHO the market is headed for another collapse, but so what.  

doing a flip is difficult enough, but when you entangle friends and family in it, the whole project can collapse.

Last thing I want is an earthquake causing the garage to collapse my newly renovated duplex.

I can't predict the macroeconomic forces such as China slowdown, Britain collapse, Greece bankruptcy or mortgage rate spike.

I have since found out that we don't have proper plumbing in basement for washer hookup.I've only been in this home 2 weeks so far and last week my chimney collapsed.

I have since found out that we don't have proper plumbing in basement for washer hookup.I've only been in this home 2 weeks so far and last week my chimney collapsed.

In the past I think that the Builders will build until the Market collapses and then they go Bankrupt like Donald Trump and start over again when the Cycle starts up again.

@Kerry BairdIt's surprising the floor didn't collapse years ago.

So, if the roof collapsed on a tenant, then yes, in theory, there is bodily injury coverage for the owner.But what happens if the guest is injured on a bicycle or canoe provided by the rental?

I bought at the absolute top of the market thinking I got a deal by offering 20k less than the listed price and using a seller financed interest free (first 5 years, balloon after 10) second loan (15% purchase price) for a brand new build. 2 weeks after closing Bear Sterns collapsed and the bottom fell out of the market.