You have to be able to buy where the price works in an oil crash to make sense here.

Found it after the 2008/2009 crash.

They range from the tenant looking his marbles completely and putting a bullet through his brain, destroying his credit and his chances at getting Section 8 by refusing to move and going through an eviction, disappearing in the night and leaving all of his stuff in place including the 60 pounds of readymix Quikcrete he put down down the basement clearout as a parting gift.Anything that allows a tenant to divorce himself from unpleasant realities that will eventually come back to haunt them is not a good thing.

It happened to a TON of people in the 2008 crash, and all the sudden they had zero liquidity when they thought they had plenty. 

Market crashed in 2007 so had to hold the house and rented it for $1k month.

completed house after 1 year of building. lost money due to market crash in 2009.

  - "Pool table crashed on my husband's foot and he's at the ER." 

I don't know the laws, but I would hope that you would eventually be able to recover all lost rent if you were genuinely dealing with the maintenance backlog as fast as you can.This sounds like a really unpleasant situation and I'm sorry that you had to deal with it this soon into your REI journey.

I agree it even can make sense to take a lossif you can get into an opportunitybut according to Mungerwe only get a fewthroughout our livesand he's 95 in that YouTube LOLI'm cashing out for the crash,11 year expansion since thelast bottom feels way too long...Then there's $2T reverse repos DAILY,plus quant. tightening starting TODAY,and mortgage rates will get squeezedbecause they have to compete withexisting mortgages on the open mkt.as the Fed will stop buying MBSsso it looks like 20-70% down from hereto me in the USA depending on mkt.I disagree with Daliocash will be KING!

Just because prices have gone up, doesn't mean a crash is coming (its not, imo).