The recession hit, employment dried up and the house was upside down and we ended up stuck where we were.

The state is in a recession right now (though the medical/healthcare industry which you are in is doing great) so that means job loss and population decline.

Hi,I am researching this business niche also, very interesting discussion...I see co-working is new business model so never went through recession cycle, not sure how it will go in next recession...I can see downtown in major metro doing excellent right now, not sure about small metro and suburb area.How about Regus model (Office space renting only)?

Even in Texas we had a bit of a real estate recession in 2008-2010.  

Not sure quite what that number is for me but having a recession coming eventually and people.

Maybe in the next recession it will be easier, but it is the fundamental issue with building affordable housing.

@Peter Halliday Both Maywood and Bellwood got hit HARD during the recession and are barely limping back into existence.

The cash flow may be a bit better, but they also do not have the appreciation potential and have greater downside risk in a recession.

It may take a few years to reach double digit returns and you need to be prepared for the next recession.  

The concept of an unlimited ROI was intriguing (using a hard money loan to pay and fix a buy-and-hold property and refinance after completion with essentially no money down).My questions are:1-"What happens when loans dry up such as during a recession?"