That's massive!

any thing goes wrong and your going to be massively upside down.

Area where massive building and growth was happening.

@mattmertz this sounds like a good strategy and makes sense to leverage the massive client base of the two giants to get started generating revenue first.  

That's going to have a massive cash-flow difference.

DFW C class apartments were selling around $30K/unit 10 years ago (8% cap rate) but now they are over $100K/unit (5.5% cap rate plus massive rent increase). 

At the same time, States like Texas are luring quite a few companies out of California by offering them massive tax breaks, and decreased regulation that's almost as valuable.

The 'problem' was that in AZ it's a little more 'wild west' (massive landlord friendly).  

NPR 4/14/2020https://www.npr.org/sections/coronavirus-live-updates/2020/04/14/833920538/americas-largest-bank-jpmorgan-chase-prepares-for-massive-round-of-defaultsAmerica's Largest Bank, JPMorgan Chase, Prepares For A Massive Round Of DefaultsBanks are starting to reel from the financial impact of job losses and business shutdowns across the country from the coronavirus.Two of the nation's biggest banks reported plummeting profits during the first three months of the year as they sought to prepare for an onslaught of defaults in debt that ranged from credit cards and mortgages to business loans.The country's largest bank, JPMorgan Chase, said its profit fell by 69% as it set aside $8.2 billion — the largest amount since 2010 — to prepare for defaults.The bank is adjusting to what CEO Jamie Dimon called "a very tough and unique operating environment."

I like Warren Buffet's advice, work with people you like.