This is an interesting question, because in 2009-2011 I took a lot of risks, by buying in the face a collapsing economy.

I expect it to collapse similar to stewarts creek, which has become quite the cesspool.

I just saw Equity Build was shut down, ruled a Ponzi scheme, and ripped off investors to the tune of $135MM. Anyone get caught up in it? If so, what is your story??? Ripoff Report verified them! Ripoff Report Verified...

Are there other potential non-rehab/non-tenant pitfalls that result in a deal costing more money than anticipated or even the collapse of the deal itself? 

I know that Russia and China are trying to dump the dollar, which won't work, and that Turkey, Venezuela and Argentina are on the verge of collapse.

The first is Catastrophic Ground Cover Collapse (CGCC).

I’d still get the inspection done to make sure the house won’t collapse once I purchase it.

@Dave Carella When are you selling everything, going to cash and waiting for this "bubble" to collapse?

Later, she also said that she heard a loud boom a few weeks ago (after my whole party had visited the space) and when she called the LL to find out what it was, he said "oh the ceiling just collapsed downstairs"!!!!????

If the great financial collapse gave you a near-fatal head injury, the next adverse cycle might give you a sprained ankle.