I already made an offer on a 2BR in Kaka'ako last week, and the sellers dropped the price significantly in their counter-offer, but I ultimately walked away from the deal after they were unwilling to drop further.I have heard that the Hawaii RE market is resilient, but I have to imagine that the economic uncertainty and impending recession due to Covid-19 will drive prices down to some extent in the short-term.

We purchased 3.5 acres for $150K, right across the street from the base (will become 420 units of MF).Understanding the benefits of military markets and the flow of funds from the military into the civilian world opens up a plethora of opportunities to build resilient portfolios that produce income and provide a better standard of living for military members.

Earlier in my RE investing career, we did more workforce housing where the yield was higher (or supposed to be) but then, especially with the pandemic we found that the higher-class properties are a bit more resilient and so we now have a $50mm multifamily fund that focuses on Class B multifamily in up and coming markets.

There are plenty of reasons the market may not...and Austin has proved to be a pretty resilient market in the past.  

I think the neighborhoods close to transit will be slightly more resilient that those further away, since you will be betting on the Bay Area (and access to SF) rather than Oakland remaining hot in its own right.  

And if more families stay, our entire community will become more resilient to the larger economic issues impacting our city and state.

Thakkar, you have no idea of the resilience of the people of Louisiana.  

In real estate, this means that I would like to operate using win-win partnerships, where investments can be used for my personal financial gain, but can also contribute to improving communities, enhancing community health and building community resilience and prosperity. 

. ;-)  However, any walls, or floors/ceilings, in common with another unit will need to be fire rated.The first thing is to check your zoning to see if a three-unit property is permitted under current zoning and whether the property (building and lot) satisfy the sizing and coverage requirements for a three unit property.If zoning allows for three units and the property satisfies all requirements, then you can turn your attention to resilient channel, fire-X sheet rock and closets on every wall .... 

Keep a good balance of education, action and resiliency and you'll do just fine.