. $45k from several unexpected large repairs (water leaks, roof collapse, siding rot, plumbing main line, etc.)These issues are also causing me to rethink the assumptions in my model, increasing my vacancy rate from 8% to 12%, repairs from 5% to 20%, and capex from 5% to 20%.

I cleared the property (overgrown/wooded) and found a foundation with what was left of a collapsed house but because they already joined this property with mine I could no longer rebuild.

If a guy can get aid for companies that make wooden arrows for children into the bailout package, certianly Linder can get people talking about how the Fair Tax can save the country for collapse.

When the derivatives ponzi scheme collapsed, we saw huge drops, but there were no drops below the historical mean we would've had if the easy money were not there.

My wife, who I met after she bought her townhouse, bought in late 2007, so the value dropped considerably after the economy collapsed.  

How are things in the city right now post-bridge collapse?

Until now all the properties that I have owned have been buy, hold, and rent, and were either acquired during the economic collapse of 2007-09 as short sales, or through off market referral deals. 

We've also seen certain gentrifying areas in DC never drop in price during the collapse and instead continued to go up during that time.DC proper over the last 6 years has much higher price gains than any of the suburbs.

If you're going to be completely wrecked if the market collapses then look for something else.

Rusted through steel beamsRusted through support beamsStreet view - we sealed it up with plywood to prevent any access and limit liability in the event of a collapse