The back of the building that was a garage that extended out on the lower level, collapsed and killed someone. 

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

This chart sums up my entire thought's on any fear of any Real Estate collapse now, next year, next 5 years, next decade...... 

The economy will always correct itself, but historic drops and collapses have come and gone.

You are only loaning your own equity to yourself while paying high interest, which will lead your real estate business to collapse in the future.  

Every up cycle for decades in California some newbie has to get his equity out of town before the imminent collapse of California.

I soon realized I was a dummy and the acquisition was a B&H mistake since rental rates had fallen about $300/month (or more) in the neighborhood due to the tech collapse of 2001.

Not really a sinkhole where the ground collapsed but did have settlement that caused some small cracks in the walls and did require that repairs be made and they do classify this as a sinkhole. 

You'd be right if you were investing because of market euphoria and you're trying to get in and out and make your money before the market collapses.

Such factors left central banks with no option other than intervening, he said, speaking in his capacity as chairman of the global Financial Stability Board.https://www.theatlantic.com/magazine/archive/2020/07/coronavirus-banks-collapse/612247/https://www.greenwichtime.com/business/article/A-new-credit-bubble-gets-ready-to-burst-13911193.phpWhat comes next, dollar becomes so devalued that it triggers the great reset and crypto based economy. https://www.weforum.org/agenda/2020/06/now-is-the-time-for-a-great-reset/https://www.zerohedge.com/news/2018-11-22/did-imf-reveal-cryptocurrency-new-world-order-end-gamehttps://www.imf.org/external/pubs/ft/fandd/2018/06/pdf/fd0618.pdfhttps://www.zerohedge.com/crypto/bank-england-governor-signals-central-bank-digital-currency-coming