I then went through my second major career change in my late 30s (from business in a corporate setting to business in a self-employed entrepreneurial setting), which was really a full-blown mid-life crisis.

Barring a natural disaster I can withstand any economic cycle we are in. 

Perhaps finding something in a more economical neighborhood will open up your rehab budget a little bit and give you some more options.

If you find a good market that will sustain through any economic condition, there will be plenty of tenants and qualified management firms to chose from.

Where lots of people are very grateful to Mommy and Daddy for the economic outpatient support they provide to allow them to live in such a very A-class, exciting neighborhood.

The caliber of tenants never improved.Plan to purchase multiple multi-family properties in the same area in order to make hiring property management more economical.

They didnt want to be dealing with managing the property and i didnt mind taking it on and the economics work.  

They don’t rehab these buildings because it’s not economically variable.

I live in a rural, economically depressed area, and I am unsure how much success that I will find here locally.

People buy and sell homes during any economic climate.