There is some major deferred maintenance she does not want to deal with, maybe sewer lines leaking/collapsing or the water supply lines.Why? 

And we do expect the market to collapse.

So to be a buy and hold investor, and most of New York, you're in trouble, because the markets going to collapse and you're getting get hurt.

Turns out the clay pipe from house to city collapsed.

@Aaron Gordy Not to make lite of a tragedy, but we don't see condo buildings collapsing or drywall with built-in fungus in Austin. 

(Believes the market is going to collapse)I ran the numbers multiple times and though I understand I can’t think of every single scenario, I am confident that it is a smart investment.

The economy would collapse if everyone quit their jobs.

@Michael HaynesThe stuff with Rich Dad is this.... yes, the collapse is coming because of the amount of money we are printing, and he has a lot of assets that he has to protect, but has he actually told you where else to invest?

You can see it historically even on the biggest collapse on the market in 2008, where real estate bounced right back after a few years, and it's more expensive now than it was at the peak in 2006.

That industry has continued to be careful in lending practices so unless an unforeseen economic collapse happens in the next year (worse than the covid recession so far), there's not going to be a huge wave of defaults.Summed up, I see no evidence of a collapse, but with some boosts of inventory from new construction prices may get to be a little less crazy over the next year.