No two events are alike, S&L crisis, 1987 stock market crash,  2008 crash, etc.I have yet to hear a good argument why there is a crash imminent.  

Diplomatic respect for others needs and wants will translate into opportunity. 

Also, practically nobody in the world has mastered the fundamentals because every time we think we have it nailed down a new situation/crisis happens which shapes our thinking in a new way.

@Bloomberg, Banks Down Under missed the 2008 Financial Crisis Memo, check out the Housing Bubble Down Under, https://tinyurl.com/BanksDownUnder

Therefore, the main thing to keep in mind is that even if a market crash happens on the same level as the 2008 financial crisis, in the long-term (5-10 years), you will still be in profit.

Mean time, she is practically squatting without paying rent and we must resolve this mini crisis because we are loosing rental income for couple months now and hefty eviction/court fees as the days drag on. 

Anyone else concerned with the debt crisis?   

Prices here dipped 1.5% during the housing crisis. 

He is also looking into the Vegas market and would be good to connect with https://www.biggerpockets.com/forums/432/topics/67...Many of the Florida markets, like Phoenix,  have been slow to recovery from the 2008 financial crisis.

Wholesaling off the MLS could have been a viable strategy back in the foreclosure crisis when low priced inventory was everywhere and there were few buyers.