This happen to be a natural disaster on his side and it was something no one could see coming except you have a financial advisor or analyst that may also look dip into the disadvantages of owning a real estate, what happened is such amongst one of the disadvantages which when known earlier, could have made him to look into other alternatives to also venture into. Diversifying is important and he should have also known that every investment has its own risk and that’s why after diversifying it avoids you from losing all at the same time when the risky (loss) part of it comes to play its game. So sorry for him, but lesson learnt and I also got to learn something important with his predicament.