The  (DST)  is a Business Trust, and allows for the Series structure like protection of a Series LLC.Again, this is not an investment DST for in institutional investing, but rather a Business Trust DST, and to keep that classification of a trust by the IRS, it must maintain strict compliance or the asset protection structure will collapse.

@David Hiltbrunner I still like secondary markets...good opportunity, less competition, stable tenant class, and near market rents...better price-to-rent ratios and returns in general...Mansfield is pretty rough...I drive through on occasion and there are blocks that look like Detroit post collapse...but there may be opportunity there someday...everyone needs a place to live.

@Hadar Orkibi I was wondering if you had seen the chart below and if it is similar in NZAustralia Warned To Prepare For "Severe Housing Collapse" And "Banking Crisis"“Australia’s housing market is a source of vulnerabilities due to elevated prices and related household debt.

If the deal collapses and I would lose everything, I'm out.

Basic for would exclude much more than that and are often disguised (the agent's selling basic form hope you are more concerned about cost than coverage, and many RE investors fall into that trap).On a basic form you would lose Weight of Ice and Snow, Falling Objects, Water Damage (Think broken pipes), Collapse, Theft and Risk of any other direct physical loss not excluded on the special form policy. 

They got hit hard there in the real estate collapse, but people DO buy there.

He didn't call me until the ceiling collapsed because he thought he would have to pay the plumber (based on a prior rental). 

Got out just weeks before the market collapsed in 2008. 

@Antonio Marte  Sorry to intrude on the exuberance, but you may want to enquire as to the effect of collapsing oil prices on Texas home values. 

One had got killed, another had a stroke and died,and a 3rd had had a mental collapse was in a V.A. hospital on meds.