This is the time to be ultra-conservative in your underwriting.  

It was located in a gated community that is quite large and encompasses multiple different types of real estate from single families, to multi-families, to mansions.

So jobs aplenty, but will the ultra wealthy ever agree to sharing a bigger piece of the pie?

Our monthly business is in ultra high demand and that appears to be what will carry us through.

But the luxury market make take a wallop as many buyers and sellers are business owners with their wealth tied up in other asset classes that may be more affected by the Coronavirus outbreak.

My final choice was STAINMASTER in Burnished Oak - Fawn Luxury Locking Vinyl Plank Flooring (12 Mils wear layer).

My hot take is that if you are spending $700k for a home in Dallas or anywhere in TX you are buying a luxury that you can't count on for stable pricing. 

Class A & other luxury areas continue to hold their value over time.

It's cheaper to build-out because tenants typically prefer space more than luxury amenities.Purchase price will vary by location, but it will typically be cheaper per square foot.

The construction of a new Apartment complex will not necessarily have an impact on values in the area unless it's a high end luxury project or low income.