We take care of repairs that are the result of structural issues - a collapsed sewer pipe, or a busted corroded water line, for example.

The previous owner collapsed the HOA and we are purchasing 119 of the 120 units in the complex.

The fastest way to increase your networth would be to use leverage, and keep 10% or 20% cash for emergency incase a tenant leaves or the economy collapse. $1M in the midwest can generate up to $10,000 cash flow a month!! 

The Coming Collapse of Downtown Office Real Estate (biggerpockets.com)I wanted to share as I assume others will find this interesting as well. 

Not related to real estate, but if China invades Taiwan, I believe the global economy will most likely collapse.

Hi all,so I recently purchased a duplex, and just two months later we have a disaster happening. the pipe leading the sewage water to the street collapsed, and now sewage water is flooding into my tenants basement. 

THAT my friend is the recipe for collapse.

@Anna SamTo piggy back a few other comments:If one buys real estate with proper leverage, ample cash reserves, and manages the property in a professional manner, LONG TERM the investor is almost certain to win barring a complete economic collapse. 

The biggest surprise I've come across is collapsed sewer lines...

An options contract is a method to sell the property, and he cannot sell the property twice.It may be possible to put in a conditional offer to buy the property if the tenant does not have the money to purchase when required, as the contract could be considered frustrated and collapse.