There are many local private entrepreneurs who are donating, and cooperating with the city, to provide quality low-income housing, and the same are also developing socially beneficial landmarks in historically recessed parts of the Greater Tulsa area.You're correct that no one can do it alone.

I made another million just from compoundingThe Great Recession woke me up in 2009 and I saw B class properties in B class locations in Phoenix down by as much as 70%.

And I take the worst recession I can find in the recent past.

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

I see where you are coming from with the building a 6 bedroom vs single bedroom, but IMO I think there is a big recession risk with the large units, plus having a lot of kids and potentially doing more damage.

What has happened in Bakersfield is that since the recession, we have learned that we cannot rely on the oil and agriculture sectors alone, like we had in the past, and we started to diversify into other industries. 

If we were to go into a big recession and you have tenants that are not paying and you can't get them out in a timely manner (think California), or if you all of a sudden have multiple houses that need new roofs or new ac units that can be a huge hit and if you can't pay for them you can be in a big problem.

Many people went bankrupt and lost everything in the 2008 recession by being over leveraged when tenants didn't pay.

Tell the people of NoVA there's a recession happening!

It's also just on the rise as a city and has been caller recession proof by Forbes.