Offsetting other passive income with larger apartment assets is a real game changer for high net worth individuals. 

Recession resistant asset class (people downsize, move in together, move back home, etc. during recessions)Cash flowing asset (not dependent on market appreciation)People buy a lot of crap and toys during good economic times (and need a place to put it)75% of the facilities in the country are owned by non-institutional owners (opportunity for adding value)Small ($10-30) rental increases create large increases in NOI and property valuationSticky tenant baseUnits are easy to maintain (brick and metal, no amenities, little landscaping)Location, population growth, and barriers to entry matter. 

My partner and I have some great working relationships with local banks and lenders, allowing us to leverage assets to increase returns. 

Get the abstract of judgment and either work towards settling it if possible or obtain a payoff to have it paid through escrow.

I talked to a lender and he said that I can use the 203k loan to obtain land and put a manufactured home on there (and put permanent foundation on there).

The LLC is used to keep your personal assets separate from those of the business.

Or if they don’t have the money to take care of a serious problem that could end up costing you a lot of money, you may want to step in and take care of the situation to protect your asset because, at the end of the day, it is still your asset until they exercise their option to buy it.

I thought I knew something about real estate, but it took a minute to really grasp cap rates and certain asset management concepts.In my experience, immersion is the best way to learn.

So if you can position your assets into a single family with minimal debt you'll be correction resistant. 

I will say there's plenty of catalysts out there; Stretched labor market, high corporate debt, overvalued assets, massive government debt on almost all levels, geopolitical instability, failing pension funds, political uncertainty, and on it goes.