But that is not the standard for the industry.

Just look at North Dakota and the boom there from new industry..

I'm new to BiggerPockets as well, but I have been working in the investment industry for over two decades.When I entered the SFR space, I quickly realized that I didn't know enough.

As far as using sweat equity to add value, what's your background or some specific skills you'd be able to help people with in the real estate industry?

My parents have 40+ years in SFH rentals and have done quite well for themselves and have educated my sister and I quite a bit about the industry. 

For example, Pittsburg during its Steel industry boom era and Detroit from it's peak auto industry era, properties would have grown value YoY mostly.

The lawsuit is so large that it includes the brokerage and some accounting firm, and some some very big name in the industry.

I'd consider myself in line with an "Accredited investors" since I work in the regulatory finance industry, and have worked at a security regulatory authority empowered by the SEC.  

You cannot have your cake and eat it too.My suggestion for passive investors is to play it safe, get low risk B investments, take good care of your properties and play the long game.If you are an active investor who can buy or rehab residential, or you are comfortable going into industrial or retail space, those can be great investments. 

I’d also love to have more associates in the real estate industry so please share your R.E story with me I’d love to hear it!