It’s not very reliable and I find it is a waste of my time.  

Do you anticipate a sharp drop, prolonged drop and recession, or minimal effect?

That’s just a huge waste of time in my opinion (if not yours than certainly your brother’s). 

Also, how minimal should the landscaping be?

Therefore, if we avoid refi, we could put the existing property into an LLC, or whatever makes the most sense, legitimately in 6 years.Forgive me if I'm all over the place - I am posting for advice mainly because I'm in danger of "analysis paralysis" on this, and that seems to be 1 of the primary reasons investors fail to do anything. 18 years of time wasted/opportunity cost is bad enough ;)Thank you all so much for reading - any help and advice will be greatly appreciated!!

Could be minimal to nothing or even raise rates.money may flow more to cash and gold rather than mortgage backed securities...which actually is what determines mortgage rates.

With minimal default rates, steady occupancy, and rent rate percentages, multifamily (especially in the Class B and C space) has been a secure investment.

So, there are strategies to minimize those risks as much as possible during the construction and lease up period. 

They would waste 10x the money foreclosing on everybody.

in addition, with my conservative cash flow numbers I have minimal positive cash flow (and once my projections were cash neutral at the time of the refi - That RE cash flows around $850/month now).