I've been investing for over 15 years, and last 10 years in Phoenix.Just joined this amazing community, in hopes to connect with local and regional investors.

Keep in mind it is also entirely possible regions experience recessions vs entire country.

AS @Russell Brazil  says there will for sure be another recession that's a given.but who can time it.. and will it be regional.. there is always mini recessions and hot markets.just look at when a factory folds in some smaller burg.. or like right now look at South Carolina which is ON FIRE for jobs.Boeing 787New Volvo factory not yet manned but thousands of jobs and support coming in the next yearMercedes building a new factory same thing.building a new embarkation debarkation for cruise ships in Charleston  14 hotels under construction in Charleston.. then look at another market where not much is happening and won't be happening.but right now real estate is hot and frankly its pretty solid right now.I am not sure on the MF side that kind of goes up and down on over building .. and commercial as well.Like I probably would be a little nervous in the Mall space or some commercial with brick and motor kind of changing.But with the owner occ resi seems pretty solid.. no sub prime NO liar loans.. 

Check with your local RE attorney who knows the Landlord tenant specifics for your region.

Prospective tenants walk in and say "Whoaw this place looks great I want it....but don't know why"... because it's slightly different from all the other units in the regional market.  

I would recommend finding another lender, preferably a small regional bank. 

Any tips/advice on going through NACA in the Milwaukee region? 

I worked in a bank for a few years during my winter and summer breaks at home and I was a floater so I was able to know everyone in my region and have a relationships with them.

@Jay Hinrichs well, here we have the FMLS and GAMLS which cover the state, then in my region I have Navica, which covers West Georgia and parts of Alabama and SC I believe.

that being said I'd look at the regional/community bank sector.