I have not been through an 08' situation, but I can say in confidence you want $10-15k in reserves PER door if you want survive an economic downfall.

I have a once triplex converted to a duplex that I’m turning back into a triplex . hope that didn’t get too confusing.So I’m trying to figure out the best way to supply all 3 units with sufficient hot water in the most economical way of course.

Cincinnati (and Northern KY) are booming real estate economies - cheap property, a lot of economic and population growth.

National and local economic factors can definitely impact real estate. 

Plus many of these midwestern states do not have as much economic impact as the densely populated costal states where we do not invest.  

A Quick Word on InflationLast week was a big week for economic data, most notably consumer and producer inflation data (CPI and PPI).

About inflated prices and high interest rates...I've bought my best performing properties during the worst economic cycles. 

Today’s economic news…heck…economic news for the last several months seem to continually be “worse than expected”.

I recommend looking into areas near economic bases - close to Nationwide Children’s Hospital, Ohio State Campus, New Albany, etc.

Having the knowledge is one thing, but only experience will enable a Syndication Team to persevere through harsh economic cycles.