A lot of your other mid-sized cities have similar risk profiles (dominated by a single industry or a handful of companies). 

If you’re looking to invest in your backyard, it helps to network with as many locals in the industry as you can.

In terms of strong markets, I tend to look at major industries in an area (hospitals, universities, military, etc.) because I want a large tenant pool.

Unless you find an attorney that exclusively practices in this area, they won't have that level of knowledge.  

I'm a veteran also and co-host a small monthly networking meetup exclusively for veterans. 

Hi my co-realtors, anyone here would like to have a conversation about your current challenges, experience,  and share knowledge about current Real Estate industry?

Hiding it somewhat was that it ebbed and flowed with the fortunes of the auto industry.  

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

Many reasons: to encourage/discourage certain economic behavior, to appease a certain industry lobby or some fellow lawmakers or even sometimes a private individual, to buy votes, to balance economic effects of a new law, as well as simply out of incompetence of our lawmakers.

Coming from oil and gas and healthcare, we’re new to this industry but driven by the same values that guide us in life: family, hard work, and dedication.