Historically, Phoenix was particularly prone to the effects of boom-and-bust cycles due to its reliance on consumption-driven industries, however, the recent growth of more diversified industries in Phoenix is quickly building the city’s resiliency to economic cycles.

But to say that any animal evolved into a human does not have any basis is facts to back this us and it is only opinion and or theory.Just as you can say that humans domesticated dogs or that dogs evolved unto a reliance upon humans because it was a better way to get their food than always fighting for it.

Another problem with sole reliance on insurance companies is their frequent refusal to pay claims, then requiring you to deal with two lawsuits, one to defend yourself, then another to sue the ins co.3) Corporate entities also provide additional tax sheltering benefits.4) Provide vehicles for protecting & transferring wealth to family.5) Provide protection of your investment assets from personal lawsuit (You are sued from an automobile accident).6) Provide privacy (though not complete I must add).

This is why relationships are critical in syndications and not as much when investing in a typical mutual fund/ETF portfolio.Don't mistake a rising tide - the RE market being up for 9 years - for operational intelligence. not directed toward @omar khan, but just to leave here as information a post I made in a thread a month ago that is appropriate here:when I first started researching investing in syndications, one of the first web pages I found was this:http://www.nasaa.org/22284/informed-investor-alert-private-placement-offerings/ Private Placements and the Risk of FraudEntities raising capital through private placements often have a limited operating history and typically have more modest revenue streams than larger companies.Because private placement offerings made in reliance on Rule 506 of Regulation D are not reviewed by regulators, they have become a haven for fraud.According to the most recent enforcement statistics from the North American Securities Administrators Association, private placement offerings are the most frequent source of enforcement cases conducted by state securities regulators.

@Ramy MosbahWe are moving over to Microsoft dynamics 365 which has some built in AI analytics and an AI builder that you can train it to pull data (ocr) from documents, provide insights on leads in your funnel and find data trends.It’s still way to new of a technology to put any reliance behind it besides having fun with it or using it to tell you where to eat on a vacation or assist in writing a post

This leaves only small local banks who are typically not very competive in terms of the interest rate and reliance on the borrower history, putting you in a chicken or the egg bind of trying to build a history without a loan.

Although I respectfully disagree, we both know this isn't the appropriate forum for a discussion on the application of the third prong of the test, or whether a local Judge would expand prong three to include situations in which, on reliance on advice that denotes an understanding of the law, a person acts on and is harmed by the advice of a lay person in another state who is not licensed in Virginia.

True conservatives believe that the government should maintain both a thriving economy, and an optimum society that both allows and encourages self reliance, independence, education, and hard work leading to massive success.

If someone is leveraged to the hilt and even if the DCR is good, there are two tears of considerations, the subject property or business income and then the backup or reliance of the individual and his ability to cover the debt in the event things go south.

None of my figures in the report have any reliance on the project getting funded though.