This catastrophe did not discriminate and properties ranging from 30k to 1 million were victims, and unfortunately from the many people that have called me to work on their homes they did not have flood insurance and are really depending on FEMA to help with the situation at hand.

But this gives you some catastrophic point of view to put your fears into perspective.

Casey Miles - WOULD NOT, WOULD NOT 1031 into a DST or syndication type structure if this is a majority of your net worth the 1 million.If for example your job makes 60k a year and you made 1 million through market cycle timing then if you were to lose that money it could be catastrophic for you.If you were a doctor for example making 500k a year and something happened to the 1 million where you lost some of it likely would not be the end of the world as you could regenerate capital back fast.When you 1031 into these syndicates you tend to lose control of your capital.

I actually put it there in case of a water heater leak, but it ended up bringing immediate attention to a clogged condensate line much faster than they otherwise would have noticed with a slow overflow leak.You have several claims in the past few years; I would definitely avoid making any more claims unless they are catastrophic and you can't afford to pay for current repairs or you risk getting dropped. 4 claims in 2 years would defintely put you in the high loss history category and insurers might think twice about keeping your policy.

Obviously, I am hoping for much more than that, but that is the worst case scenario barring anything catastrophic.

Gold is a "catastrophic" investment for wealth preservation.

I also have a $175,000 line of credit at the ready if something catastrophic happened.

I also have a $175,000 line of credit at the ready if something catastrophic happened.

This could even come back to bite you after the sale or in the event of a fire or other catastrophic incident, if the work is found to be the source of the fire.

However, aside from unprecedented and catastrophic inflation, or some other global economic/financial calamity, I don't really see a realistic path for demand to fall precipitously in 2022.