And hey, if you have any funny stories about your own deal-finding adventures, feel free to share!

People have failed twice now with the housing bubble and the recent meteoric increase in rates because they were gambling with the rates to save a percentage point.  

I understand being in high cost market and it being difficult to buy but the "cash flow on paper" inexpensive markets is a gamble.

It is very much case-by-case and requires understanding of the current regime for personal itemized deductions, as well as gambling on the proposed changes to this regime by the current administration.

My vacation market we are around $800 per night so the clientele is more family oriented and tend to spend most days in national parks or out adventuring.

One of them I am really excited about is a guided motorcycle adventure through Africa in September.

A couple of questions:1) What factors help you decide that this was the right time for you to quit you job.2) What goals do you have near term for your new RE adventure?

Should I gamble on this or look into how to file a class action lawsuit against the State of California and the Judicial Council?

Actually, in comparison to a drunk, drug addict or gambling addiction, it is better to hit concrete and go to zero than try to stop at the bottom 10% and try to save us.2.  

These are very risk gambles that should only be attempted with money you don't really care about.