You make payments for a couple of years, but then a recession happens and the value of the home is much less than the remaining mortgage, so you opt for foreclosure.

Unfortunately, when the sub-prime crisis happened, the mortgage lender had to shut down operations - so I was out of a job.This has led to my new venture, where I'm hoping that social lending is going to help get us out of this recession.

While standards will almost certainly not be back to pre-recession levels, one would expect that they will be much better than they have been over recent years.

But our particular focus is near the Med Center area, for the reason of Job Growth and almost recession proof economy centered around Aging populations needing more health care.Houston is adding 30,000+ jobs to the Med Center over the next 3 years so any type of investing ahead of that job growth is expected to be positive in the longer term.Do you invest in Houston?

The same is true for the economy, the financial crisis, and the recession.

I look for clues when the recession is ripe.

I have properties in Virginia that have plenty of equity, mostly because I bought them cheap during the depth of the Great Recession.

Since your in asset protection business.. there is a lot of people on this site that think a simple one member LLC is asset protection … myself every time I have had a squabble the LLC is NO protection at least you still get named personally never have not been over the 3 decades I have been using them.. have not been in a ton of litigation but the hand ful that's what has happened.. usually  real estate recession or partnership squabbles.. not  GL type someone got killed on my property.. other than a few suicides but those we have no liability against.   

I would replace the fan and the other light with recessed LED lighting and dimmer switch . 

I was hoping to get some discussion here on the biggest opportunities in Real Estate, specifically mutli-family investing during recessions and financial downturns.If you could  go back to 2008-2010 what were the biggest opportunities for Real Estate investors and how could you have taken advantage?