While it is not recession proof, it is shielded from the "boom and bust" cycles of many of the "raging bull markets" and enjoys steady appreciation.Feel free to reach out and hit me with as many specific questions as you've got.  

-Cleveland, has a lot of cash flow potential, with an average multi-family of around $140k. https://learn.roofstock.com/bl...There are other smaller markets like Dayton, Akron, and Newark, and we are starting to see these areas boom due to huge investors and corporations like Intel and Amazon choosing to set up shop in these kinds of areas.

I'm not sure how anyone makes money investing there (unless they've owned RE for years before the boom).Billings is still possible to make work.

Do your research on the sponsor and make sure they have some history in real estate that goes back before 1995, so they aren't fly-by-night groups that popped up as the TIC area started booming a few years ago but have no idea how to weather market storms.

Furthermore, our Luxury Mini-Hotels are produced so they can easily be re-configured to other uses should the oil boom slow down.

I'd be more nervous investing in western ND with the oil boom, but Fargo is a good 4-5 hours drive from that.

With the lowest unemployment rates and the oil fields booming housing has become outrageous.

Is that what you call a booming market?

Everything is two-sided.Going into a business with no market or 'competition' will signal that it is probably not worthwhile.On the other hand, a booming business or industry will a huge industry and competition, shows there is something to it.It doesn't matter, as in both cases you'd still need to kick-*** and work hard to succeed.

If that's tricky, think about hiring debt collectors or skip tracing services to find the tenant.