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"Credit" means leased to companies with investment grade credit. So, they're paying unless they go BK.
Word makes sense. If you've got a leased building on a long-term lease to a good tenant you should be good. Still though...I wouldn't want to own that stuff (generally) if given the choice between that and other RE classes.
I agree. Think hotels, retail, office should probably be owned with little or no leverage by families that intend to own forever.
Hard to group those up. Agree generally that leverage on multi-family is much safer than on other assets. - Hotels are here to stay, all types, even in view of Airbnb disruption. - Retail is bifurcated into class A/walkable and everything else (RIP) - Office is similar to retail
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