Here's an academic article done by UC Berkeley that explains the impact 2008 had on California and how long it took to get back to pre-recession levels.

Quite frankly, stopping companies from scanning my credit report for pre-approvals was not a priority in terms of impacting my score positively which has been my main priority.

@Jake ReindersWholesaling is a great way to get in since you have very limited risks and if you can assign the contracts to your buyer list quickly, a recession will not really impact you.

What are the permit fees, impact fees etc.You definitely do not want to use hard money for a project like this the interest cost will eat your profits very quickly.

@Dan Heuschele - This is an incredible invasive change and will have a large impact on many communities.

I don't really know the negative impacts on the property of growing it, but I would be concerned if he was using the property as his store front also. 

For me, I want choice on how I spend my time and create an impact where I can help others do the same. 

Once you think there is, the lack of that priority on the other two will negatively impact the one you think is most important.

It was a downturn in the economy and he was over levered without the ability to make the payments.Taxes changed.Ramsey's success came to an end as the Tax Reform Act of 1986 began to have a negative impact on the real estate business.

Posted by the City of Scottsdale on NextDoor on 2/18/20: Two hearings this week on short-term rental billsThe State Legislature will be hearing two bills this week in both the House of Representatives and the Senate to address the growing problems with short-term-rentals and the impact they are having on our neighborhoods.