This does not apply to WA, CA, OR, IL, CO, or NC because investors from there continually post that their areas are immune from "corrections" and "burps" in the market place.

California's greatest solar resources are in the state's southeastern deserts where all of its solar thermal facilities and most of its largest solar PV plants are located.Maybe if it’s gets cold enough you’d be willing to trade them some of your water for heat and go-go juice for your planes, trains and automobiles.

@Harris HarrisTo put it another way...Unlike Title to an automobile, there is no such thing as having a Title document to real property in this country. 

Residential is not immune to economic downturns and you can easily lose money in any asset class.If a case study was performed on the commercial property your partner got rid of there might be things found that could have been accounted for on the front end that made it a non-buy to begin with.I see lot's of stuff people buy everyday where I just shake my head is disbelief.  

Set up a folder for each deal you do and only share that folder with the specific person you need to.If you want to send secure email, you again have to trust that the person on the other end isn't letting their eight year old install malware on their business laptop (true story) so that it gets infected and all your files get shared with hackers in another country.  

The history nerd in me was aware that for the 1918 Spanish Flu, one mitigating treatment was to inject an infected person with the plasma of a recovered person.

@George Glessner I have a personal umbrella policy that covers me, my personal residence, my automobiles and my rentals.

@Traci Sherman, the Alabama Abandoned Motor Vehicle Act was originally passed to protect automobile repair shops, but has been expanded so that landlords may also take advantage of it.

It is crucial to only invest in markets with a diverse economy (you don’t want to invest in a market like Detroit in the 1970s whose economy was too dependent on the automobile industry).

Multi-family owners and investors are not immune to cost increases but can adjust rents annually or sometimes monthly to account for market changes.4.