Ive had 2 sewer lines collapse. $5-10k.

If I did not have a reason to be there I would never just go or invest there, lol.potential upside, but you might have to wait 20+ years for that..it also could collapse in 5 first, depending if they improve it or not.Things should be cheaper given the state of things and the effort it is going to take.

The savvy 2008 investors who understood this philosophy got very wealthy from the collapse. 

I would consider flexing for a while and looking at appreciation markets until prices/rates come down and things balance be I just wanted to highlight this article posted on BiggerPockets Is the Airbnb Collapse Actually Happening?

Hi,I'm deep in review on a SFH in NJ, we already determined the SOW, all fits the formula.  Our contractor noted a crack along the main beam of the house (in basement) I ordered a structural engineer today who determi...

Another investor tried to Reno the basement and his contractor took out the support beams and the floor collapsed.

Part of John Talbott's prediction about the housing price collapse was that we would see a huge compression in prices, and that expensive properties would see larger percentage falls than lower priced ones.

I can cite my BP post https://www.biggerpockets.com/forums/93/topics/65820-comps which exemplifies the "down" market where an appraiser confirmed "This market has effectively collapsed over the previous 12 to 18 months... ".

The Real Deal reports that rents are collapsing in some of America's biggest cities.  

Need to take the windows out and completely reframe the windows...but since there's actually no load bearing post on the back corner of the house, due to it literally having completely rotted away...we're not just going to remove the window on the back of the house...we're going to remove the entire wall and have to reframe the back side of the house so that you know...the house doesn't collapse and all.