MF is not immune from unrealized equity loss when property values go down.  

He will be happy to speak with you while Alan is out of the office.We have built and absolutely earned our reputation for customer service and communication, but are not immune from these types of issues.  

And there are additional steps you need to take to make sure the veil of immunity is not broken. 

We’d love to discuss your perspective, and (with your permission) share your thoughts in a future article.So it seems you are saying DC was sort of immune from the 2008 crises?  

So Cal seems to be a little more immune to market corrections, but since townhouses are usually the first to depreciate before SFRs in a down cycle (from what I hear) I don't want to get caught without a chair when the music stops so to speak, especially if I don't see that this place would be a cash flowing property if I had to hold onto it.

I've had so many folks in the building and most of them agree that there is a smell in the unit (some people seem to be immune to it), but no one knows what it is.

I thought it was an interesting lesson, because if you listen to a lot of people they think buy and hold would be relatively immune from a downturn if you just hold through the valley and don't take the paper loss.  

I just cringe when I see these folks with limit experience and capital go out and buy one or two notes.. not sure the risk/reward component is there.. any one of us that has been doing this for any amount of time will get into a deal that does not work and loses money myself included.. no one is immune.

@Mary M. people with disabilities are not immune from abiding by the contract.

My understanding is that no class was immune though some took the brunt more than others (A-class) as discussed above.