About a month back, the drip pan filled up and forced it to shut off.

Pretty minimal overall - fire just in the pan.  

It's impossible to predict when or how long or how much.There are a few scenarios from doomsday to a blip on the radar.One thing is time on market increasing drastically, and if a lot of sales are bank owned (repo's).Those who suffer a Repo, often do not (can not) get back in the saddle and (will be) replaced by new-bee's who (know not the dangers).So there may be a genuine cut in the number of buyers who can buy (either to rent out or to live in).Watch and see if people are doubling up, such as cousins family living in the garage or in a camper in the driveway with an extension cord kind of stuff.That will give you a boots on the ground idea if the area is "Really Suffering Hard" and will probably stay down for a while, or if it's just a flash in the pan--time wise.Home Repo's are something to keep an eye on too.Just my 2 cents.

But nonetheless, if you are asking for 5-7 figures, or really any amount from another person, with a "guaranteed return" well beyond market norms, you better have the liquidity/assets to hold up to that position if it doesn't pan out.

I understand putting your money into something, you fear might not pan out, may cause you some internal conflict, but do your homework, consider articles on what’s appreciated, based on zip codes. 

The weather keeps people coming in, unlike, say, Detroit, and we have 4 hard borders, being Mexico, the Pacific, the mountains and the military base, Camp Pendleton.

Run all the reasonable scenarios for rehab and see how the numbers pan out. 

So moving from Rhode Island to Massachusetts would definitely be going from the frying pan into the fire. 

Mainland Chinese investors are only a small fraction of buyers in the Pacific NW.  

Union Bank-YES. 65% LTV and limited to a few states in the Pacific NW.