In our area James, it is so crazy that the house with roof going to collapse, is overbid sometimes higher than comps with zero due diligence process.

You didn't get notice from the inspection department (fire extinguishers missing (stolen), fire escape loose and falling off building, chimney collapsing, etc...(???)

Such receptaclesshall have not more than 30 gallons' capacity.(3)No person shall place out for collection any garbage in bags, boxes orcorrugated receptacles; all pasteboard or corrugated boxes and paperwhen placed out for collection shall be collapsed and securely tied.B.Receptacles that are badly broken or otherwise fail to meet therequirements of this section may be classed as refuse and collectedand disposed of as such by the person or agency responsible for thecollection of refuse.

A couple years after the great real estate collapse I bought a property for half of what the last guy paid.

With current market conditions, there's a palpable sense of a potential downturn or collapse on the horizon.How's the commercial real estate landscape in your area?

I'm curious because it makes me think of the condo collapse in Miami.

correct, by average there're 8 months flat months where they just waiting for more data, so if they cut rate in june 2024, we expect the recession on august-september timeframe where it all collapse, need to re-invest really carefully though, almost everyone is waiting to these moment, but need to prepare also if CPI doesnt hit 2.5% magic number LOL if fed started reducing only in 2025 then we would see lot of crashes even more in CRE space lol ....fun times for the next 12 months LOL

Here's the way it works:PRE-HUD HOMES (homes built prior to 1976): These are grandfathered in position by HUD but you cannot move one and re-install it in a park virtually anywhere in the U.S. because it does not have the HUD seal.1977 TO 1989 HOMES: These homes are so old that transporting them is extremely risky since they may just collapse in transport going 55 mph.1990 TO CURRENT HOMES:  These homes can be moved, but it costs around $5,000 to do so.So then who would move a used mobile home?

While it can be a pain in the butt, it's the reason why Texas wasn't hit nearly as bad as the rest of the country when the housing market collapsed. 

If they continue QT the whole financial industry gonna collapse and they have to rescue the bank, when they have to rescue the bank they have to restart QE.