You cannot convince me that a PM that somehow "tricks" a client into approving a 100-hour lightbulb swap for $1,000 is completely immune.

And I'm not immune myself.

:Originally posted by @Mike D'Arrigo:@Melissa Nash I agree that no class of property is immune from problems and it's best to have a portfolio of properties to offset the under performers.

https://cases.stretto.com/public/x247/12208/PLEADINGS/122080...https://unicourt.com/case/ca-la23-aurora-d-bowser-vs-brian-r...https://unicourt.com/case/ca-la2-rosslyn-butler-vs-brian-doz...https://www.pacermonitor.com/public/case/19098678/TSUKANO_v_...https://unicourt.com/case/ca-la2-s-b-properties-llc-et-al-vs...https://trellis.law/case/bc370891/rosemarie-leong-vs-brian-d...The world of investments and finance is not immune to the occurrence of fraudulent activities.

Originally posted by @John Nachtigall:I think the people who believe that owning rental real estate makes them immune from a downturn are being unrealistic.   

So make no mistake, multifamily investments aren't immune from challenge, and @Joel Owens is 100% correct when he says that just because "everyone needs somewhere to live" doesn't mean it will be in your apartment building.  

OH GOD. but also explain one more thing - are single family home more immune?  

Now, I'm immune to a lot of the bad things that come with investing because I've been fortunate enough to reap the benefits of the positives and I know to expect them.I also love that most real estate problems can be solved with money.

Could be a slight off topic but MF properties would play much safer during the market correction because you can still pay expenses and the mortgage while few tenants can’t pay, plus many other benefits and advantages.MF was not immune to the 2008 crash you only have to look at  FLA GA NV  and other areas to see plenty of failed apartment deals.. 

One might be able to derive a sense of security and control from these models, but reality will follow it's own, unpredictable and messy course.Even brilliant minds are not immune to this.