I suppose it could be a first time in history sort of thing but as far as statistics go the market has always recovered and always went up further than ever before.

If your looking for the least amount of risk and biggest bang for your buck I would look for a company that is a reputable turnkey provider thats actually in Detroit and offers things such as an efficient boots on the ground team, all sorts of established local relationships, solid in-house management, an operation that is highly skilled and well versed in section 8, a company that has proven relationships with both out of state and local lenders.

It’s also possible to have a negative net worth, which means your liabilities are greater than your assets.Examples of assets that may be included in your net worth include:Business interests Cash and savings Investments Personal propertyReal estateRetirement savingsVehicles Examples of liabilities that may be included in your net worth include:Credit card debtMedical billsMortgagesPersonal loans Student loan debtVehicle paymentsNet worth is very easy to calculate: You add up all your assets and subtract your liabilities.The net worth formula is:Net worth = Total assets – total liabilitiesHow to Select a Net Worth TrackerYou can choose from several net worth trackers to help you monitor your financial position.

I’m hopeful going into this slow season  because I have traction and great SEO optimization but can’t give any sort of projection at the moment. 

Or some sort of JV.We're speaking with Builders now who want to handle the horizontal development themselves. 

If so which did you select and why? 

Hopefully you will get things sorted.

Being in STR, there are all sorts of things that pop up and being resourceful and creative in problem solving is huge.

@Vinay Sanapala, I am going to sort of summarize a lot of what others said.I had a small portfolio of about 6 section 8 properties at once.  

However, in my experience, the MOST important factor in the safety, security and property protection is tenant selection.