May see some slight reductions but we are most likely not going from say 7% to 5.5% unless of a major economic crisis which would also cause home prices to get hit.

BAM is a conservative operator and understanding of our current economic environment. 

When things outside of our control as investors change, (macro-economic factors, saturation, disposable income etc.) and there is no safety net, that's when investors can get really hurt.

With the instability of the current economic situation I see a lot of opportunity.

This development, spanning nearly 6 square miles, promises to create thousands of jobs, generate economic activity, and transform the local economy.

Also, if I don’t have the right person to name as trustee, is there any more economical option other than a corporate trustee ? 

Note: I'll caveat: I believe that other factors should be considered when analyzing the market as well (i.e. economic growth/stability, low crime rate, affordability, etc.)

A mild recession is possible, but its impact on housing demand will depend on regional and economic conditions.

I truly appreciate it.I completely understand that the economics of owning a multifamily property (like a duplex or triplex) can be much more favorable than a single-family home.

I know plenty of folks who meet your definition of Ultra and they seem very happy to me and have loving families although they also have the same struggles with kids that every family in every economic strata has.