Many builders and developers can't seem to finance larger acreage developments and multi home tracts using traditional bank financing, and most of the developed land that was developed prior to the real estate crash of 2008 was absorbed in the last 5 years by larger nationwide builders.

My parents have a 4plex but they got in right before the crash so it's a break even now so I'm learning a lot before I dive in and make small mistakes not big ones.

Buying when everything is crashing around you takes cold cast iron financial balls.

- Crashes (What were you doing when it crashed?)

Flip gone wrong ( help break even on flip)2 & 3 Market crash 2007-8...rental 8 years... 2 tenants (good cash flow)2 intentionally 1.

When you shoot for the completed project (on time and on budget) "moon", but fail to complete and find yourself amoung the partially constructed "stars" you usually find yourself crashing back to earth with less than your original $120k.

My CO house has steadily seen its value climb since the crash (when we bought it-ouch!).

If prices crash, more renters, higher cash flow, and there is always Section 8 to fall back on.

They were sure that the 2008 crash was the begining of the end.

mine is quite the head turner (dah dump, cymbal crash)