Even a few sentences would mean a lot.Okay, how do Black Swan events play out? 

I play browser roulette to get all functionality.  

These days, I still play a major role in reviewing the numbers.

Here are my favorite books:Multifamily Millions by Dave LindahlThe ABCs of Real Estate Investing by Ken McElroyThe Complete Guide to Buying and Selling Apartment Buildings by Steve BergesCommercial Real Estate Investing by Dolf De RoosTrump: The Best Real Estate Advice I Ever Received by Donald TrumpTax Free Wealth by Tom WheelwrightCommercial Real Estate 101: How Small Investors Can Get Started and Make It Big by David LindahlRaising Private Capital: Building Your Real Estate Empire Using Other People’s Money by Matt FairclothThe Definitive Guide to Apartment Marketing by Josh GrilloInvesting in Apartment Building by Matthew MartinezCrushing It in Apartments and Commercial Real Estate by Brian H MurrayThe 7 Secrets to Successful Apartment Leasing by Eric Cumley2 Years to a Million in Real Estate by Matthew MartinezBurn Zones: Playing Life’s Bad Hands by Jorge NewberyCommercial Mortgages 101: Everything You Need to Know to Create a Winning Loan Request by Michael ReinhardIt’s a Whole New Business!

**Exit strategy on TOD / SB 79 sites:**     For small TOD infill like this (existing 4-unit, potential for higher density):   - Do you underwrite mainly as an **entitle-and-sell** play,     - Full **build-to-hold**, or     - A phased approach (stabilize existing improvements, then entitle and redevelop later)?

You can still play the game, it just looks a little different.

They also automatically add late charges if needed.Highly recommend them if you don't want to use a pay to play platform.for us newbies, what does AAOA mean? 

As a long-term buy-and-hold investor in the Tulsa, OK market, I can tell you that “tornado country” sounds scarier on paper than it plays out in day-to-day operations.

Without those info it’s tough to say.If the numbers work as a rental and you can get it rent ready with $10K, that’s usually the safer play short term.

We've definitely seen the pullback on the smaller side from traditional banks, especially for ground-up and reposition plays that don’t check the agency boxes.