Their properties, often their homes, are sold because they cannot pay their loans, often because of job loss, divorce, injury, death in the family and other events outside their control.  

Nice...I thought that may make some of the hair stand up on the back of your neck Phil!

Pink bag suggests a paid for paper not a freebie at least in my neck of the woods it does.

Personal Liability: For claims due to Bodily Injury or Property Damage that you becomeLiable for and which is covered under the policy.

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the "cause of action" arose in that state.

Having been neck deep in the 2 largest recessions in the past 20 years I can say that all the statistics and charting aside, the easiest and simplest way to determine if we are in a bubble is to get in a cab and ask the taxi driver if he is buying real estate, gold, tech stocks, crude oil, whatever.

On another note- I spent a bunch of time down in your neck of the woods trying to pick up some properties.

I'm sorry to hear about your injuries and your loss.

He is concerned and perhaps correctly that RE investing will only add more debt hanging around your neck.  

@David Krulac - I'm actually finding them over in your neck of the woods (sort of).