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

From all I've read (but I've not read the court filings,) the collapse was beyond his control.

My house of cards collapsed and I suffered a long time as a result.  

However, if you look back to 2008, REIT's got crushed and so did their dividends.If you look at the REIT Index and the dividend history, you will notice that they just quit paying dividends after the financial collapse in late 2008.

However, he can certainly accelerate the collapse with new entitlements.

I agree that buying during the carnage is great, I just don't see us having a major collapse in real estate values in the next year or two like we did a few years back.

Without a proper foundation the structure is likely to collapse. 

And I feel that since it has been in the news, it should be disclosed, even though state law says it does not need to be disclosed if it has been cleaned up.My reputation is worth more than a quick sale and a few dollars.So would buyers want a house like this, or would sales collapse once the prior meth was disclosed?

There are definitely 'Detroit-like' market collapses in areas, but they tend to be more of a slow train wreck than an instant crash.- If you have bought for your tenant market, the renters will not necessarily disappear.

See the pattern, there is more to a thriving culture than productivity - though time erodes the thought of the need for anything else - which, without significant "Revival" will collapse any culture no matter the strength.Do you not see it?