What is a collapse?

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

I get that lenders need to confirm there aren't any major health and safety issues after the Surfside, FL condo collapse in 2021. 

Recession or not, it all comes down to what your unit is doing, the country can economically collapse, but if you still have cash flow, it's not a recession for you.

So I am confused, where is the collapse?

I’m concerned about a hypothetical situation, one where the occupant, out of anger, just completely destroys the place, burns it down, collapses it, whatever he does.

Once back inside, the ceiling had totally collapsed.

SUMMARY OF FED DECISION (7/27): Raising interest rates by 75 basis points unanimouslyAnticipates “ongoing increases” in ratesAffirmed plan to raise QT caps to $95B/monthSpending indicators “softened”The Fed is sending us into a recession to control inflation.Real estate will collapse despite a housing shortage.Mortgage rates have more than doubled, new home buyers will be given smaller loans, sellers will be forced to lower prices to meet demand.People will be losing jobs unable to meet mortgage payment too.Free fall.IHS just downgraded first quarter growth to -2.1% others are also going negative.

Hyperinflation tends to come as a result of a collapse in the local currency which causes obligations (e.g., debt or imported goods denominated in a foreign currency such as US Dollar) to grow when expressed in the local currency. 

When the 2008 Collapse in our Economy happened, my Stock Trading friend had just bought a Penthouse apartment in South St.