She had also bought her place in 2007.That said, I don't think the CA economy is in danger of collapsing due to people moving out.

 Owners of thousands of Los Angeles wooden apartment buildings at risk of collapse in a major earthquake will begin receiving retrofit orders as early as February 2016, according to the Los Angeles Times. 

, repaired the stucco exterior, and put a bit of money into most of the units, but this purchase has been the best financial decision I've ever made.I did a cash-out refinance, and could probably do it again within the next few years if real estate doesn't collapse. :)

Learning from others helps to collapse the time frames that are required to succeed.

Someone can say an areas has of job growth new development bla bla, and then a big factory closes or a military base shuts down, and the real estate market collapses, It's pure speculation.  

The entire middle of the roof had collapsed and it was filled with mold.

Just like during the housing collapse, there will be deals on all kinds of investments: Be fearful when others are greedy, and greedy when others are fearful.If you are in the short range, I would just look at high dividend low volatility investments.

China collapses tomorrow?

I'm in a situation where it's not in danger of collapse, is dry and hasn't moved since I put in the beams 3 years ago.  

During the boom, I owned over 14 residential properties and got hurt pretty bad when the market collapsed.