Trying to put together my fears of another economic collapse like 2008 and how it would affect my aggressive investing strategy right nowRisks:- massive loss of jobs and therefore possible loss of rental income- government cutbacks of sec 8 housing and welfare- lenders (hard money and refinance) not lending - Appraisals coming in way low for fear of appraisers losing their licenses- overall decline in housing pricesPersonally I think this would be a pro as there would be more deals out there, and long as there are lenders

If the roof collapses - are going to sue me or are they going to sue renter's warehouse? 

Back before the RE Bubble collapse, we had companies that would come to our investment group meetings and offer a pre construction investment ($250K for a duplex in AZ or NV) with 36 month guarantees of renter placement and even a buyback program.  

So your options really are to do a full 1031, or do a partial 1031 and pay tax on what you don't reinvest, or sell and pay all the tax.If you're that concerned at the market over the next 6 months or the cap ex then you won't regret paying a little tax if the roof collapses the month after you sell.  

The sewer pipe collapsed just outside the house and still had partial flow.Cost the bank $5,000 to dig it up and fix it.Old school sewer pipes used clay.

If your statement is true, I would guess that the severity of that collapse shook the faith in homeownership, keeping rental demand high even as property values plummeted.

A lot of condos don't have reserves and due to what happened with the nearby condo collapsing recently, Florida just passed a law to help prevent this from happening again.

We like collapsed sewer pipes, mitigated termite damage, sinking foundations and the like.

If he's robbing Peter to pay Paul then you could be the guy that gets left out in the cold if something happens to his business....or if he decides to make his boat payment instead of buying your drywall......I actually saw some of that kind of thing when the market collapsed in 2008.The other major problem that paying deposits creates is that it eliminates the driving motivation for the contractor to get your job done quickly or on budget.

In the last housing crash the value of this same personal residence collapsed to $270,000.