There are definitely 'Detroit-like' market collapses in areas, but they tend to be more of a slow train wreck than an instant crash.- If you have bought for your tenant market, the renters will not necessarily disappear.

first,  there are no kits that convert a gas water heater to the little vapors that the instant water heaters put out.  

@Dawn Anastasi good question.Debit cards check for available funds immediately and return a failure instantly if there are insufficient funds.

So...The instant choices boil down to whether the "farmer investor" wishes to create an immediate "taxable event" by selling now, (with minimal tax-bite because of a recent "stepped up basis") and banking the cash for more investment purchasing flexibility in the event of a major crash in real estate and currency values, or...Entering into a tax-deferred 1031 exchange now?

This may be a way to get a little money back from the tenants and will give you the right to go back to the court if they renege on the agreement and very likely instantly get a writ, so that you can carry through with the eviction.  

You can get instant appreciation (equity) by closing on a good deal and buying below market value.

Bamboo is a double edged sword in that it can dent easily but buyers think "oooh, bamboo" and instantly you're Mr.

This supposedly is the only reason that they will release the duns number for free instantly.

I'm trying to convince myself that if I purchase the property, I'm gaining instant equity, as well as a possible small net cash flow.

There was a mattress on the bathroom floor - I presume so that they could wake up and instantly throw up.