I do not live by crisis management but I do incorporate the unplanned expenses in the business model tough. 

Saying "we didn't cause the crisis" isn't the issue at all, due to the melt down in mortgages, it's the big violators getting handcuffed, along the way they are simply saying.....oh, yes, this bunch, this is the best opportunity to curb the crap investors have been pulling too!

Be very diplomatic and discreet in your approach.  

So within a couple miles of each other, for example, Braddock and Rankin are in Act 47 but Swissvale is not.On the positive side, the region has shown some great signs of stabilization in the last 5 - 10 years, and was relatively strong during the 2008 financial crisis.  

I have been in the commercial real estate financing industry for 25 years and even did a stint for a few years during the last financial crisis with a federal regulator.

Meanwhile my background in real estate has been primarily that of consulting thru education; helping via research to bring back many of the facets that was disrupted by the 2008 financial crisis whose impact was felt hard in real estate.

The next financial crisis will probably come from a different part of the economy (stock market for example) and for different reasons.To address your question of what to do now, make sure you do really good deals that cash flow well with conservative projections.

Been through hundreds of Mortage ppl and since the financial crisis none of this is allowed.

It's close to SF - and I think it will have a higher "floor" than the last crisis (probably won't go back to $100/sq ft) - but I think it will take a dip.

That was one of the most interesting things, I found, about the financial crisis: while asset prices, including homes, plummeted, rental rates kept climbing at roughly the same clip as before the crash.