@Albert Hasson I was not implying that the next recession would be from a housing crisis, but rather stating that it will be from a US treasury debt crisis.

That's not the worst thing because you're essentially getting a loan from the US Treasury.  

The same as saying "those <whatever> stocks are too volatile, I'm going to invest all my money in treasury bonds".

We are normally getting 4.25% (200 basis pts above 10 yr treasury), 25 yr amortizations, and 10 year terms.If you want to grow business, consider partnering with someone who has money for downpayment, charge an acquisition fee to put together deal, charge a fee to manage, and ask for a percent of the equity.  

He's looking at the trend of the 10 year treasury note expecting it, and thus the rate, to keep trending down.

That's highly doubtful.There are trade offs for liquidity.If a fund is more liquid than others, it goes to follow they'll have more capital in instruments that are easy for the fund to liquidate (e.g. money market, CDs, short-term treasuries/munis).The ROI of all of those asset classes is negligible and (currently) below inflation. 

Invest the money in the market (bonds, treasuries, dividend aristocrats).

Invest the money in the market (bonds, treasuries, dividend aristocrats).

@Christian Sifuentes You can do it yourself through the their website.https://www.state.nj.us/treasury/revenue/gettingregistered.shtmlYou will also need to get an EIN from the IRS.

Also the Treasury will take the position of substance over form.