As long as the neighborhood isnt going down the tubes, and there isnt a hidden catastrophic repair, then you should be find with this one. 

If the world does suffer some catastrophic financial event then Gold is not going to do anything but make you a target.

I really thought the hands off approach would be catastrophic and lead to delays and incorrect work being done.

The inherited house on the other hand, was an abysmal catastrophe to say the least.

If my house needs any repairs (minor/major/catastrophic), WF doesn't pay for them.

My land lord policy's cover ONLY the house and property with a clause to provide some housing for the tenant if something catastrophic happens.

Don't forget to contact your insurance company - as breed/weight restrictions can vary from carrier to carrier.I usually suggest adding a section in the lease that is a notice to the tenant that the insurance on the property will NOT cover the tenant's personal belongings or their temporary housing in the event of a catastrophe.

but I guess some people just like to look at the catastrophe in everything first,  its nice to have that perceptive some time, but i personally like to look at all things in a positive light.

When all is NOT good and you lose your job, lose a spouse or co borrower, have a catastrophic medical condition with massive bills, being underwater still doesn't matter.

Intangible though they may be, barring something catastrophic they certainly hold value and can increase your personal net worth substantially.I would encourage you to consider the following question - 'how can i get people to pay my bills for me?'