Let me just sidestep on that again I had a client who wanted to buy a house for around 600 grand and I said don't do it you're on the high side of the market the market's gonna collapse he said well my wife really wants his home she loves it and we have all these reasons why we think it's going to make all this money which is very common for people to believe.Because they believe that in the market it's going to make a lot of sense and they have this great plan that they're going to see go through and make it right and so you can't convince them otherwise they're emotionally tied to this home it's the one they've looked at wanted all their life those types of arguments or scenarios.What I did is I said well if you're going to buy the asset or the home in the attic said there was a potential that the person would own or carry that's really where you'd want to go with that.

I always scope the sewer line if connected to city sewer 10-15k if collapsed or broken.

I like Sub S corps much better than LLcs for flips, be able to collapse the Corp after the deal is done. 

The adjustables are hollow and will collapse much sooner in a house fire.

If the house had water damage and it caused the roof to collapse, walk away. 

I had a sewer line collapse from the bathroom to the main line but had the reserves to fix.

If the deal collapses and I would lose everything, I'm out.

If the deal collapses and I would lose everything, I'm out.

Otherwise they're all collapse.

Someone dies in your rental because the vent pipe on your hot water heater rusted out and collapsed and the house filled up with carbon monoxide killing the medical Dr. who lived there.