Reason being- it has one primary industry [entertainment] and that industry happens to be the first one to tank in a recession.

Last year store closing announcements more than tripled, reaching about 7,000, said retail think tank Fung Global Retail and Technology.

(A single family home can suffer one bad tenant incident which could tank your returns.

When we bought our current (primary) home we didn't see any surprises in the inspection report, but did manage to negotiate for a new hot water tank/heater - which we knew was at the end of its usable life when we saw the house in the first place. 

So they have to decide .. history will prove though that most will just continue to bleed a slow death and just like when a stock tanks you sell and reposition..

The house is cleared out and cleaned, 2727 Sq' on 2.75 acres, (home owners are claiming 3239 Sq' living space), newly built 60x40 barn in 2015, Well water, Clear septic system 200 Gallon Propane Tank for gas just outside the city limits.What can I realistically asses the repair costs to be?

Howeverthanks for sharing your story and making others aware of sharks lurking in this space. we all make mistakes and learn from it, events like this makes us wise.

Whether it's the few thousand needed to market via direct mail, or it is the hundreds needed to fill your gas tank each day while driving for dollars, if done full time.

The story was great, Olympics, World Cup, economy was booming, then it tanked, currency dropped over 50% killing the value of the investment.  

I do try and take a lot of pictures and make sure to take pictures of mechanical equipment, water tank, and electrical panel!