People frequently assume real estate is absolutely safe just because it’s tactile and familiar but nothing is truly risk free. Nature doesn’t care about how stable your investment looks on paper, What happened to your friend’s father is a terrible reminder that placing all your eggs in one basket no matter how solid that basket seems might go awry, Diversification is not just wise it’s crucial and yes insurance is something many people avoid yet it may be a lifeline when the unexpected happens, Real estate is great but it should be part of a balanced approach not the complete plan.