And I was ready for a "low" appraisal, this was just catastrophic. 

Interest rates will be lowered, but the Fed doesn't have a lot of room to play with and sooner or later they are not going to be able to play the QE card.While it's all speculative at this point, my semi-educated guess is that the outbreak will be bad but not catastrophic.

The lower monthly debt burden of a 30 year loan will give you more flexibility.If you buy a property with 25% down which creates $200 cashflow, then if the market looses 50% of it's value for some catastrophic reason, you still have your cashflow and you can still pull out your original investment.If the market appreciates by 50% you still have your cashflow and you can refinance and pull out all of your original money.Good luck.

The outcome could be financially catastrophic.

We ant to get out from under this place and BRRR our way to financial freedom going forward.A long story short: in APR 2017 his "repairs" failed, catastrophically specifically the plumbing work done by a subcontractor.

Planning is too optimistic and cash reserves are too low (this is catastrophic as it is nearly the only way people lose a property)3.

Sucks to be a Geologist right now, but otherwise I think employment will be fine, barring global financial catastrophe a'la 2008.

Another story for another day Strategically, we thought about fire risk in 3 ways1) Catastrophic scenario where the house actually burns down: it can take years to obtain permits and actually rebuild a home, plus demand in the area could suffer long-term if the entire area burned, so we agreed we should insure at an amount we could walk away and feel good about it.

Sometimes people need a catastrophic event in their life to get their wheels turning. $300,000 deployed in a smart way can make you wealthier than any J-O-B in the long run.

The headline reactionary mentality strikes again....... immediate outrage.......Relax.... there are LOTS of states, cities and counties that don't allow evictions or shutting off utilities etc in winter..... the sheriff wont kick them out.....this is NOTHING new.Its the fact that's its Seattle that has people all riled up..... like SF it's a common target as some liberal catastrophe that should be used as an example of all that is wrong in our country......Relax...... its nothing new.....