With the market crash a couple years ago, it became evident that investing for appreciation was a risky game, and a lot of new investors are deciding to focus on the less risky aspects of investing -- positive cash flow.2.

Is that a reason NOT to wear one, when the odds are so much greater youll die in a crash without one?

Or is there is a sudden crash of over 50% in real estate then I would be in the hunt right away.

He is headed for a crash if he does not get his finances under control.

They still personally own a lot of the funky loans from before the market crash, such as stated income loans, as Fannie Mae and Freddie Mac will not purchase them.Like Ed said, if you're providing full loan documentation and a solid downpayment.. your loan most likely fits Fannie Mae/Freddie Mac standards, and will eventually get sold to them.

Unfortunately, my current career is in a related field; spending a lot of time in unpleasant places.

You mean you expect another crash, essentially?

If you're in the rat race paying for stuff, if you lose your job, money stops, and everything goes crashing down around you.

If you dont get the order correct as @Jessica S. and I have learned the hard way, it can be a pricey and unpleasant learning experience.Much success to you!

A 23 cap deal is even unreasonable for deals that were purchased after the crash for a bargain in 2009 and have now rebounded.If you truly have a deal on your hands my best advice for you is to partner with someone successful in the industry.