Just because we've seen a surge in real estate appreciation over the past 8 years does not mean that we are poised for a collapse in housing.  

Here is why: a good home inspector will run all waterlines for a good while and put a lot of water down the drains as soon as they get there - if the lateral is clogged or collapsed you will see the result pretty quickly in the basement.

Not only is the entire European Union threatened with collapse because of the excessive debt and budget deficit policies of these countries, but so is the entire world economy.

Even as several new subdivions within a 5 mile radius of me are at "just beginning" to "just completing" construction stages.Which is wiser: keeping my pennies in the bank to purchase properties as the market falls farther, faster, paying off the mortgage,or taking the pennies from the bank and burying them in the backyard so _I_ end up with them, not the bank, when the market collapses?

Most reaching or exceeding the prices prior to the collapse of the market in 2008.

If you take a carried interest in projects for referrals you start to collapse more into the RIA regime where fiduciary responsibilities kick in.  

Higher borrower interest rate, higher inflation, stock market collapse, and a disaster similar to a 911. 

If your tenant isn’t getting along with their neighbor it’s much better when that person isn’t  also your tenant like MFRWhen one of your tenant’s water damage wrecks 2-3-4 of your other properties, also a MFR “feature” Much more favorable downpayment and rates if you occupy for a year first then convert to rental.During the last “Great Recession” I heard stories of MFR people losing their Las Vegas properties as rents collapsed or vacancy hit 50%.

For example: the floor in my rental house collapsed last week, so I had to assemble my four man floor crew to fix it and now that it's fixed they returned to their full time jobs.

The roof was leaking in multiple areas, the ceilings had collapsed, HVAC non functional, plumbing non functional.